Outlook on FTSE 100, DAX and S&P 500 ahead of US CPI print

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Oil prices have plenty of support, both fundamental and technical, but, still, few obvious reasons to rise

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US CPI is expected to take a step back, something the Fed has been searching for all year after successive monthly rises dented the committee’s confidence in taming prices

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Wednesday’s U.S. inflation report has the potential to stir volatility across assets, so traders should prepare for the possibility of treacherous market conditions, especially if the upcoming CPI numbers surprise to the upside by a wide margin.

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Wednesday’s U.S. inflation report will be closely watched by market participants. Unexpected outcomes may unleash volatility, prompting dramatic shifts in gold prices.

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