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Asian and European indices inch higher amid lower commodity pressure

Global indices posted mild gains as easing commodity prices improved sentiment.
Equity indices across Asia and Europe posted marginal gains after further easing in commodity prices reduced pressure on corporate cost structures. Investors viewed the decline in energy benchmarks as a near term positive for manufacturing and transportation segments. Analysts noted that while sentiment improved, trading activity remained measured ahead of major inflation readings set for release later this week. Institutional flows leaned toward defensives and high cash flow names, suggesting cautious positioning.
Market strategists believe stronger trends could emerge once policy signals from US and EU central banks become clearer.