LatAm pre-open: a 3-year-high US inflation print sank Wall Street and lifted oil, yet Brazil dipped just −0.70% as Petrobras rose and the real held firm.

(Bloomberg) -- US stock futures staged a modest rebound even as flaring tensions in the Middle East sent oil prices and bond yields higher.

Brazil's Ibovespa bounced 0.68% to 169,813 off its key support, but a fresh US strike on Iran after the close clouds the mood; US inflation and next week's rate decision loom.

Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met expectations. Investors reassessed…

One analyst said “the inflation fire is burning, but it has not yet jumped every fence in the neighbourhood.”

MSCI Asia-Pacific index down 0.9 per cent amid West Asia tensions and hotter US inflation data