U.S. consumer price index data is scheduled for release at 6 PM IST, with headline CPI expected to rise 4.2% year on year in May. Sources diverge on the previous reading, with Odaily citing 2.4% while the newer topic cites 3.8%. Monthly CPI is seen at 0.5%, and core CPI is expected at 2.9% annually. Economists and strategists say higher gasoline, diesel and aviation fuel costs are a main driver, while debate is centered on whether inflation pressures are broadening beyond energy, a development that could reinforce Federal Reserve caution and affect stocks and other risk assets, including crypto.