Financial Market Preview - Wednesday 16-Oct

S&P futures are indicating a flat open, while Asian and European markets are generally weaker today. For today's highlight, UK's September inflation came in below the BoE's 2% target at 1.7%, lower than the expected 1.9%. Core CPI also decreased to 3.2%, with significant downward pressure from transport costs. Pipeline inflation shows downward trends, with both output and input prices declining. These developments, along with slowing wage growth, increase the likelihood of a BoE rate cut in November.Companies Mentioned: KKR, SHEIN, Qualcomm, Intel

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StreetAccount U.S. Daily Market Preview is FactSet's daily podcast aiming to bring listeners up to speed with financial markets information on the day to come as quickly as possible. With a target time of ~5 minutes and a publish time of ~5:00 ET, this is an ideal listen prior to market open.