The FTSE 100 (^FTSE) and European stocks opened higher on Wednesday ahead of US consumer price index (CPI) inflation data.

Wednesday's Consumer Price Index is expected to show slower increases in January, after Fed Chair Jerome Powell said the central bank would hold rates steady if price growth didn't cool further.

Bond yields rose as investors waited to see if U.S. inflation data would dovetail with the prevailing narrative of no interest rate cuts by the Fed in coming months.

All eyes will be on the US inflation report later today. The CPI report for January is released at 1330 GMT and is expected ...

The January reading of the consumer-price index is due at 8:30 a.m. ET. Economists expect the CPI increased 2.9% from a year ...

Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Dow and S&P 500 futures were falling but Nasdaq 100 futures were gaining as the stock market awaits the CPI inflation report.

The single European currency maintains a mildly positive tone for the third consecutive day, having moved well away from ...

Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining ...

A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting ...

European markets are heading for a positive open Wednesday as global markets await the latest inflation reading out of the U.S.