US Inflation Surprise Triggers Risk-Off Shift as AI Weakness Deepens
Fundamental Overview Global markets have entered a more defensive phase following yesterday’s stronger than expected US inflation figures, ending weeks of limited volatility and broad consolidation. Headline annual CPI accelerated from 3.4% to 3.7%, while core inflation increased from 2.4% to 2.6%. Monthly headline inflation also rose from 0.4% to 0.6%, reinforcing concerns that inflationary…
