通货膨胀加剧后美元走强。上个月年度整体通胀率升至2.7%后，美元全面反弹。

Strength for the Dollar After Higher Inflation.The greenback bounced across the board after annual headline inflation rose last month to 2.7%.

周四，美国股指期货大多走高，标准普尔500指数和纳斯达克100指数的合约均上涨0.1%，而道琼斯期货则徘徊在持平线附近。在特朗普总统否认了他计划解雇美联储主席杰罗姆·鲍威尔的报道后，投资者的焦虑情绪有所缓解，在早些时候的猜测之后平息了市场。现在，人们的注意力转向了新一轮的关键经济数据，包括零售销售和失业救济申请，这将进一步了解美国经济的健康状况。在盈利方面，百事公司股价在盘前交易中上涨1.7%，此前该公司公布了季度盈利和收入超出预期，尽管北美对其食品和饮料产品的需求疲软。Netflix也计划在收盘铃响后公布其收益。

US stock futures were mostly higher on Thursday, with contracts on both the S&P 500 and Nasdaq 100 up 0.1%, while Dow Jones futures hovered near the flatline. Investor anxiety eased after President Trump denied reports that he was planning to dismiss Federal Reserve Chair Jerome Powell, calming markets following earlier speculation. Attention now turns to a fresh round of key economic data including retail sales and jobless claims, which will provide further insight into the health of the US economy. On the earnings front, PepsiCo shares rose 1.7% in premarket trading after the company posted quarterly earnings and revenue that exceeded expectations, despite softening demand for its food and beverage products in North America. Netflix is also scheduled to report its earnings after the closing bell.

发射鲍威尔的试验气球像齐柏林飞艇一样飞过。概述：昨天展开了一场自然实验。部分由白宫本身煽动的猜测加剧，即在几次威胁之后，特朗普总统将解雇美联储主席鲍威尔。

Trial Balloon to Fire Powell went over like a Lead Zeppelin.Overview: A natural experiment of sorts unfolded yesterday. Heightened speculation, fanned in part by the White House itself, that after several threats, President Trump was going to fire Fed Chair Powell.

美国通胀数据公布后，利率预期有何变化？。在美国CPI报告发布后，我们对美联储的重新定价略为强硬，但在美国PPI数据公布后，市场几乎回到了通胀发布前的定价（47个基点）。

How have interest rates expectations changed after the US inflation data?.We got a slightly more hawkish repricing for the Fed following the US CPI report, but after the US PPI data, the market went almost back to the same pricing we had before the inflation releases (47 bps).