If core CPI comes close to or below estimates tomorrow, JP Morgan trading desk places 70% probability S&P 500 rises 1.75% to all-time high.

If CPI meets or beats expectations, could see big pullback in dollar index and 10-year Treasury yields slip from 4.2% to 4.11%.

Gold facing pocket resistance at 5120-5150; breakout above 5150 could open door for run to 5450 and contract highs at 5628.

Silver volatility remains elevated at 80 level, ETF flows declining 0.1% with year-to-date flows down 2.5%.

Rate cut expectations sliding after payroll data, but only shifted out one month, creating market volatility.

WTI crude oil futures remain elevated despite inventory rise after second aircraft carrier sent to Middle East.

Bitcoin futures weak at 67,900, opening door for potential test at 62,000-60,000 if broader liquidation occurs.