“With earnings largely in the rear-view mirror, geopolitics — and particularly Iran’s impact on oil prices and inflation expectations — should move back to the forefront. We are focused on Wednesday’s US CPI print as a key test of the ongoing disinflationary process.”

“With earnings largely in the rear-view mirror, geopolitics — and particularly Iran’s impact on oil prices and inflation expectations — should move back to the forefront. We are…

Financial markets largely steadied Wednesday as traders awaited publication of US inflation data that is set to help guide the Federal Reserve on its plans for interest rates.