The CPI data for May is probably one of the most significant inflation readings in recent years, possibly showing whether the pick-up in prices is temporary or the start of something more sustained. Traders may be marking time by watching more "meme" stocks shenanigans unfold after a fresh set of small companies saw share surges on Wednesday. - Volkswagen VOWG_p.DE sees semiconductor supply shortages easing in Q3 - UK house-buying frenzy builds ahead of tax cut deadline - RICS - Emerging markets: central banks meet in Peru and Serbia.