SHANGHAI, Nov 11 (SMM) — This is a roundup of global macroeconomic news last night and what is expected today.

The dollar index, which measures the greenback against six rivals, was little changed at 93.997 after retreating gradually from a more than one-year peak at 94.634 reached Friday.

The currency was steady at 112.87 yen after dipping to 112.73 on Tuesday for the first time since Oct. 11.

The euro was also about flat at $1.15915, maintaining a three-day gain that has brought it close to the month’s high of $1.16165.

Economists polled by Reuters see October’s U.S. consumer price index accelerating to 0.4% from the previous month’s 0.2% rise, with the closely watched year-on-year core measure gaining 0.3 percentage point to 4.3%, well above the Fed’s average annual 2% inflation target.

Oil prices edged lower after U.S. crude stocks rose modestly, one day after an industry report suggested stocks had tightened.

Brent crude futures were at $84.09 a barrel, down 69 cents. U.S. West Texas Intermediate (WTI) crude futures fell by $1.24, or 1.5%, to $82.91 per barrel.

U.S. crude inventories rose by 1 million barrels in the most recent week, short of estimates for a 2.1 million build in crude stocks, but still countering Tuesday’s API data that showed a surprising drop in stocks.

The market has been strong in recent days, buoyed by rising economic data and OPEC’s decision to maintain its slow pace of increased supply in the market.

Gold prices eased on Wednesday as the dollar firmed, with investors looking forward to key U.S. inflation data that could have a bearing on the Federal Reserve’s next policy move.

Spot gold fell 0.4% to $1,824.90 per ounce by 0535 GMT, after recording its highest since Sept. 3 in the previous session.

U.S. gold futures eased 0.1% to $1,828.40.

The pan-European Stoxx 600 closed up by 0.2% provisionally, with media shares climbing 1.3% to lead the gains while tech shares on the other hand sank 1.3%.

Investors are assessing the release of the latest U.S. consumer price index, a key inflation reading, on Wednesday. The consumer price index showed a year-on-year increase of 6.2% in October, the sharpest in 30 years.

Core CPI, which excludes food and energy and is the Federal Reserve’s preferred measure of inflation, rose by 0.6% month-on-month and 4.6% annually, also slightly exceeding economist expectations.