Inflation data: Heads up: Any US CPI fireworks may fizzle out as Veterans Day holiday looms
The US bond market will be closed tomorrow but the NYSE and Nasdaq will stay open for trading as usual. Big banks and large fixed-income desks will be out of action.
In this article
In today's inflation data news, the US bond market will be closed tomorrow but the NYSE and Nasdaq will stay open for trading as usual, according to investingLive. Big banks and large fixed-income desks will be out of action.
Key points
- So if anything, I would anticipate thinner participation and potentially less conviction behind any sudden market moves.
- That especially following dealers get their hands on the latest US inflation numbers today.
- If the US CPI report today delivers a large surprise, we could see the initial reaction carry through into tomorrow.
- Do not mistake that for being business as usual on Wall Street.
- Treasury yields are often at the heart of the reaction and that will in turn feed into the greenback.
Inflation data: the details
Still, do not mistake that for being business as usual on Wall Street. So if anything, I would anticipate thinner participation and potentially less conviction behind any sudden market moves. That especially following dealers get their hands on the latest US inflation numbers today.
Still, Treasury yields are often at the heart of the reaction and that will in turn feed into the greenback, equities, and broader risk sentiment. So, what does this mean for market players exactly?
If the US CPI report today delivers a large surprise, we could see the initial reaction carry through into tomorrow. Thinner liquidity conditions do not necessarily mean smaller market moves.
Why inflation data matters for traders
Inflation figures decide how long central banks keep interest rates high. Hotter-than-expected readings usually lift bond yields and the local currency, while softer data raise hopes of rate cuts.
Price data feed straight into central-bank decisions, which makes them some of the most market-moving releases on the calendar for forex, bonds and stocks.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-10 06:11 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 74,724.00 | 0.23% | 75,568.18 | 73,750.00 |
| Ethereum (ETH) | 2,120.64 | -0.48% | 2,151.90 | 2,083.10 |
On the currency side, the latest ECB daily reference rates (2026-11-09) show EUR/USD 1.1193, GBP/USD 1.3416, AUD/USD 0.6894, NZD/USD 0.5613, USD/JPY 157.95, USD/CHF 0.8187, USD/CAD 1.4103, USD/CNY 6.6728. These are reference fixes, not live quotes.
What to watch next for inflation data
Next in focus are the coming inflation releases, central-bank reaction to them and changes in market pricing for future rate moves.
Key scheduled releases on the economic calendar:
- USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
- USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Forex News Today, read Inflation data: US CPI preview: Wall Street sees cooler inflation but the Fed may not blink or see all of today's top market news.
FAQ
What is the latest inflation data news?
The US bond market will be closed tomorrow but the NYSE and Nasdaq will stay open for trading as usual.
Why do inflation numbers move markets?
Inflation data change expectations for central-bank interest rates, and rate expectations drive currencies, bond yields and stock valuations.
Where does this information come from?
This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
