[QCP Market: CPI and Oracle Earnings Incoming, Market Faces Multiple Risk Tests] According to QCP Market, global markets remain under pressure as escalating U.S.-Iran tensions, uncertainty in the Strait of Hormuz, and rising inflation concerns collectively drive a decline in cross-asset risk appetite. Last week's stronger-than-expected U.S. non-farm payroll data weakened market confidence in cooling inflation, making tonight's U.S. CPI data the most critical macro risk event at present. QCP noted that the market expects U.S. CPI year-over-year growth to exceed 4.2%. If the data surpasses expectations, it could further reinforce the Federal Reserve's hawkish stance and exert pressure on risk assets. Meanwhile, Oracle Corporation is set to release its earnings report today. Following Broadcom Inc.'s sharp stock decline due to AI business guidance falling short of expectations, the market's tolerance for AI-related stocks has noticeably decreased.