The Australian Securities Exchange (ASX) is expected to open lower this morning, reacting to negative trading on Wall Street and unexpectedly high inflation data released in the United States. US inflation figures surpassed expectations, triggering declines across American markets. This downturn is anticipated to carry over and impact trading in Australia. Investors are now reassessing economic forecasts in light of the persistent inflationary pressures in the US. ABC News will provide live updates and analysis from business reporters throughout the day, covering market movements and expert insights. The coming session will be closely watched for indications of how the Australian market responds to the global economic signals.