I'm guessing today will be fairly flat for the ASX. Everyone will be waiting to see what happens tonight our time with US CPI figures.
If you were a cynic, you might think that there is some bad news on the way. Biden did a press conference overnight and kept saying inflation was his number one concern. Sort of makes it look like the bad news is coming and he's trying to get out ahead of it.
Then again, maybe he's having an each way bet and will take the credit if the figures show inflation slowing.
Either way, I suspect tomorrow will be either another bloodbath on the ASX, or a significant bounce. It all depends on those US CPI numbers
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