Yesterday, the US headline data came in slightly below expectations, while the core number exceeded expectations, leading to mixed market reactions. The USD closed higher, hitting monthly highs, and the Canadian data met expectations, reducing the likelihood of more rate hikes by the Bank of Canada. Commodities finished down as the USD gained strength. The winners of the day were the USD and cryptocurrencies, while the JPY continued to underperform. Earnings reports are expected from Johnson & Johnson, Bank of America, Morgan Stanley, and Goldman Sachs. Market sentiment took a hit, with the USD dominating market performance.

Read more at Investing.com: US CPI Miss Triggers Confusing Market Reactions Across Equities and Bonds