After four consecutive days in the red, futures are staging a comeback. The rebound comes as traders brace for a critical batch of economic data—the upcoming CPI print could be a major catalyst. Beyond that, central bank announcements are on the horizon, and the market's pricing in some significant moves. It's the classic setup: bears running out of steam, then a wall of macro catalysts ready to shuffle the deck. Whether this bounce holds or turns out to be just a relief rally will largely depend on what those numbers reveal. Either way, volatility's knocking on the door.

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