► Investor sentiment globally remains guarded as markets await critical US inflation data (Jan 11) and assess its implications for the Federal Reserve's monetary policy direction. This caution is evident across various global markets, from equities to commodities and foreign exchange as we see reduced trading activity.
► Europe's Stoxx 600 index edged slightly lower (- 0.10%), partly due to a decline in mining stocks as iron ore prices fell amid demand concerns. J Sainsbury saw a drop after its full-year guidance missed estimates, while Greggs rallied following sales that exceeded expectations.
► US equity futures showed little movement, with the S&P 500 flat and the Nasdaq 100 up 0.1%, indicating a cautious approach among traders. The market is keenly awaiting Thursday's US inflation figures, seeking clues about the timing of the Federal Reserve's interest-rate cuts.
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