Investors Brace for Inflation Data Amidst Market Uncertainty.

Investors are awaiting key inflation reports coming out later today and Thursday, with economists expecting the US CPI to show that prices are still rising. Stocks in the US closed lower on Tuesday, while European markets mostly ended in the red too. Airbnb shares sank 11.2% in extended trading after the company warned it would face a difficult second quarter, suggesting consumers are pulling back on travel. Meanwhile, Skipton Building Society is offering a new mortgage plan in the UK that allows first-time homebuyers to borrow up to 100% of the value of a property without a deposit.