Global markets rise ahead of key US inflation print

Markets rallied globally as investors bet on benign US inflation data which could reduce rate-hike pressure and improve risk sentiment across asset classes.

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4 days ago

Global markets rise ahead of key US inflation print

Global markets rise ahead of key US inflation print
Global equity markets climbed today as investors anticipated a major U.S. inflation report scheduled for later this week, hoping soft data could ease rate-hike fears. European, Asian and U.S. indices all gained modestly, while credit spreads tightened and safe haven assets dipped. Traders said cautious optimism prevailed as bond yields eased and risk appetite improved, boosting equities across major sectors ahead of macroeconomic signals.