The May CPI report will be released Wednesday morning. Here's what economists expect the inflation data to show.

US stocks regained some footing on Monday after a bruising selloff at the end of last week, with technology and semiconductor shares leading a rebound as investors looked past short-term volatility and continued enthusiasm around artificial intelligence.

Bitcoin fell below $62K and the Nasdaq dropped 3% as investors pull back ahead of the May CPI report expected at 4.2%. Fear and Greed Index hits 10.

Investors will get another look at how the conflict with Iran is hitting prices when the Consumer Price Index report for May arrives Wednesday. The CPI jumped 3.8% year-over-year in April, the largest annual rise in nearly three years,

Gold price (XAU/USD) attracts some sellers to around $4,235, the lowest since March 23, during the early Asian session on Wednesday. The precious metal extends its downside on renewed tensions in the Middle East and rising expectations of a US interest rate hike this year.

Scott Melker examines the divide among Wall Street banks as Citi (C) and Bank of America (BAC) flash warning signs of a bear market and recession, while Goldman Sachs (GS) and JPMorgan (JPM) remain more optimistic ahead of Wednesday's CPI report.

Explore how strong US jobs data, AI IPO momentum and the upcoming CPI print are shaping equity markets and Fed expectations.

The US dollar index (DXY) is consolidating just below its May high ahead of the latest US CPI report, with inflation data set to determine whether the greenback can extend its rally. While the broader bias remains supportive of a stronger dollar,

The ringgit opened higher against major currencies but eased against the US dollar today, as market sentiment remained cautious ahead of the release

Cost of living adjustments all come down to what consumer prices are doing.

The US Dollar remained well supported at the start of the week as investors shifted their focus away from Middle East developments and towards the growing risk of persistent inflation in the United States.