🚨 GGMA Markets Briefing: Hot US CPI Lifts Fed Hike Bets as Asian Tech Stocks Rally 🇺🇸 US core inflation beat forecasts for a third month, hours after Fed Governor Waller said such a reading would put a half-point December hike up for consideration. 🏦 Fed officials Logan and Goolsbee, the BoE's Lombardelli and the ECB's Lane and Nagel all pointed to further rate increases. 🌏 Asian technology stocks extended their rebound, led by South Korea's Kosdaq, after CoreWeave raised its revenue forecast. 🤖 Nvidia extended its slide as the company investigates chief executive Jensen Huang's relationship with an alleged Chinese spy. 🛢️ Oil rose after a two-day fall as attacks on Gulf shipping offset hopes for a truce with Iran, and Waller warned that diesel prices may not ease as readily as crude. 🇯🇵 Japanese government bond yields rose, tracking the selloff in Treasuries after the US inflation report. Today's Macro Roadmap: ECB Executive Board member Piero Cipollone speaks at 08:50 CET, ECB Governing Council member Martins Kazaks speaks at 09:10 CET, Bundesbank President Joachim Nagel speaks at 09:15 CET, ECB President Christine Lagarde speaks at 10:45 CET, and US MBA mortgage applications are due at 13:00 CET. Try GGMA free for 30 days, no credit card needed: Read the full article on our website for free: