FTSE 100 expected to open slightly higher as Asian markets rebound while awaiting U.S. inflation data

The FTSE 100 is expected to open slightly higher on Wednesday, up about 10 points, with futures indicating a gain of about 0.1% to 10,659 points. Investors are watching U.S. CPI data due at 13:30 UK time, with the market expecting 0.6% month-on-month, the annual rate rising to 3.6%, and core inflation rising to 2.5%. The CME FedWatch tool shows the market sees a 79% probability that the Federal Reserve will keep rates unchanged at its next meeting.