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Asia OpenRecord No. 0021

Calm Futures, Big Morning Ahead. CPI Is Up Next.

US futures reopened quietly after today's big rally, with gold firmer. Asia trades tonight, and October CPI lands at 7:30 AM CT tomorrow with core expected at +0.2% for the month.

· 6:30 PM CT

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The one thing that matters tonight

US stock index futures reopened little changed after today's rally: as of 5:52 PM CT, S&P 500 futures were up 0.07% and Nasdaq 100 futures up 0.17%, Yahoo Finance data showed. Gold futures were up 0.83% at $4,148.60 at the same time. October CPI comes out tomorrow at 7:30 AM CT; forecasters expect core prices +0.2% for the month (Bloomberg survey).

Our read

Here's what jumps out: after a 2.74% day for the Nasdaq, futures are barely moving ahead of CPI. Tonight's Asia session matters, but the real event is 7:30 tomorrow morning.

The reopen

  • S&P 500 futures (ES): 7,579.50, up 0.07% as of 5:52 PM CT (Yahoo Finance data).
  • Nasdaq 100 futures (NQ): 28,062.50, up 0.17% as of 5:52 PM CT (Yahoo Finance data).
  • Gold futures (GC): $4,148.60, up 0.83% as of 5:52 PM CT (Yahoo Finance data).
  • US crude: $86.47, down 0.44% as of 5:52 PM CT, after today's slide (Yahoo Finance data).

Asia tonight

Time CTMarket or eventConsensusWhy it matters
5:00 PMSydney (ASX) opens—First Asia-Pacific read after Wall Street's rally
6:00 PMTokyo and Seoul open—Chip-heavy markets; Nvidia fell 4.27% Monday
7:30 PMHong Kong and Shanghai open—Mainland China and Hong Kong's first look at Wall Street's rally
Tue 7:30 AMUS October CPICore +0.2% m/m (Bloomberg survey)The week's main event

Historical data this time, and the last 5 inflation (CPI)

ReleasedActual vs expectedSurpriseS&P 500NasdaqGold
This timeTue, Nov 10, 20267:30 AM CTExpected Core +0.2% m/mBloomberg surveyResults after the release
Wed, Oct 14, 2026Sep 2026Core +0.3% m/m vs +0.2%Hotter-1.1%-1.9%Spot -1.7% to $4086.06
Fri, Sep 11, 2026Aug 2026Core +0.3% m/m vs +0.2%Hotter+0.9%+1.0%Spot +1.6% to $4385.14
Wed, Aug 12, 2026Jul 2026Core +0.2% m/m vs +0.2%In line+0.3%+0.5%Spot +0.9% to $4406.64
Tue, Jul 14, 2026Jun 2026Headline +3.5% y/y vs +3.8%Cooler+0.4%+0.9%Spot +1.32% near $4052.80
Wed, Jun 10, 2026May 2026Core +0.2% m/m vs not confirmednot confirmed-1.6%-2.0%Spot -4.26% near $4078.00

What happened, not what will. Closing moves for the day; sources on each row.Read the dive →Full history →

Why this report mattersChapter 5, Prices start rising →Chapter 8, Markets react →

Carried over from the US session

  • The S&P 500 closed up 2.35%, the Nasdaq Composite up 2.74% and the Dow up 2.15%, Yahoo Finance data showed.
  • Nvidia closed down 4.27% (Yahoo Finance data) amid an internal investigation into whether CEO Jensen Huang was targeted by a foreign intelligence effort, Reuters reported.
  • Oil slid after President Trump said he was highly unlikely to order fresh attacks on Iran as long as talks progress, Reuters reported.
  • Japan's Nikkei closed up 2.33% on Monday, Yahoo Finance data showed.

What could move NQ, ES and gold overnight (general tendencies, not predictions)

  • Chip stocks in Tokyo and Seoul tend to move with Nvidia, so they're the first place to look for how Asia reads its slide.
  • Ahead of a big inflation report, futures often trade in a narrow range overnight.
  • Gold tends to react to the dollar and rate-hike bets, and CPI tomorrow is the bigger test for both.

What we're watching for the morning

  • Does Asia follow Wall Street's bounce, or does Nvidia weigh on the chipmakers there?
  • CPI at 7:30. Hotter, cooler, or right at +0.2%? The numbers update live on our site when it's out.

The short version (the what and the result)

  • US futures reopened little changed after a big rally day; gold futures were up 0.83% (5:52 PM CT, Yahoo Finance data).
  • Asia trades tonight; Tokyo and Seoul open at 6:00 PM CT.
  • October CPI is tomorrow at 7:30 AM CT, with core expected at +0.2% for the month (Bloomberg survey).

Sources

How to read this:Reported factAnalyst viewOur readWhat price did

Commentary and education only. Not financial advice. Times are Central. Corrections are shown in the text and dated. Our standards

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