Equity Futures Are Ticking Higher In The Pre-Market Ahead of June CPI Release

U.S. stock futures are higher. Equity futures are ticking higher in the pre-market ahead of the June CPI release tomorrow morning. Treasury yields are mixed as money markets continue to pencil-in another rate hike at the July FOMC meeting in two week’s time. There are no major economic data releases are scheduled for today. In international markets, Asian markets finished the Tuesday session to the upside and European markets are mostly higher as the UK FTSE index is shaking off losses in late trading despite employment data that missed estimates and continued wage inflation. The U.S. Dollar is steady on the session after yesterday’s trading brought the dollar index below the 102 level for the first time in two months. Crude oil and gold prices are rising this morning.

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