CPI announcement for May

U.S CPI YoY: 2.4% FCST: 2.5% PREV: 2.3%

U.S Core CPI YoY: 2.8% FCST: 2.9% PREV: 2.8%

Inflation rose from last month but was lower than expected. The market reacted weakly and continued to trade sideways until the next news is U.S. Weekly Initial Jobless Claims and PPI.