QCP Market: CPI and Oracle earnings reports loom, market faces multiple risks.

CoinFeed, June 10th - According to QCP Market, global markets remain under pressure, with escalating tensions between the US and Iran, uncertainty surrounding the Strait of Hormuz, and rising inflation concerns all contributing to a decline in cross-asset risk appetite. Last week's stronger-than-expected US non-farm payroll data weakened market confidence in cooling inflation, making tonight's US CPI data the most critical macroeconomic risk event. QCP points out that the market expects US CPI year-on-year growth to exceed 4.2%. If the data is higher than expected, it could further reinforce the Federal Reserve's hawkish stance and put pressure on risk assets. Meanwhile, Oracle Corporation will release its earnings report today. Following Broadcom Inc.'s stock price plunge due to weaker-than-expected AI business guidance, the market's tolerance for error in AI concept stocks has clearly decreased.