i am heidi stroud watts in sydney. >> the top stories this hour. -- this reinforces bet that the fed may pause this month but not call an end to its tightening cycle. pricing is appear at the top of the range with the biggest listing of the with trading on the nasdaq to start thursday. plus, the white house labels china's iphone band aggressive retaliation as beijing flags security incidents with the flexor product. we actually had apple down in the regular session. look at how u.s. futures are opening in the asian session after we had a pretty mixed picture for markets. we had them finishing slightly higher but the doubt underperforming. the core cpi was a bit disappointing. more about what happens later in the year. we are talking about the meetings in september and december as well. we have treasury yields down across more than a two year yield falling below that 5% level. we are also watching oil prices right now. this follows another opec report that tightens the market -- >> let's get the latest correspondent. we are whining about the stickiness of inflation. they seemed like t