Outlook 09/11: Stock futures gain as traders bet August inflation increase won’t derail Fed rate cut next week. The CPI reading showed an increase of 0.4% for the month, higher than the 0.3% that economists were expecting. However, the index recorded 2.9% on a 12-month basis, as expected. Additionally, the so-called core CPI, which excludes volatile food and energy, increased 0.3% in August and 3.1% from a year ago. Both were in line with the forecasts. Traders still largely expect that the Fed will cut rates by a quarter percentage point on Sept. 17. They even slightly increased their bets that the central bank will cut by a half percentage point.
ESU25 (SEP2025): YVAH 6554 YPOC 6538 YVAL 6536 GAP 6538
/ES Plan: Yesterday market closed balanced but overnight offers a bullish imbalance (PBT 6570), moving above previous value, so these're the opening and initial balance options for current session: