Pre-market trading in the US sees slight gains in the three major futures indices, with Oracle up nearly 9%. European stocks are collectively rising, while international oil prices are up over 1%

Pre-market trading in the US saw a slight increase in the three major index futures, with Oracle up nearly 9%. European stocks rose collectively, while international oil prices rose by over 1%. The yield on the US 10-year Treasury bond slightly declined, with gold trending lower and silver and copper moving higher. The key focus is on the month-on-month core CPI and the Federal Reserve's decision. The market expects the FOMC to possibly stand pat, with the forecast for rate cuts potentially being reduced from three times to two or even once. If inflation unexpectedly heats up again, it may prompt more Fed officials to revise down the number of rate cuts for this year to just one in the "dot plot"