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Global markets inch up as traders await US inflation data
Equities rose globally ahead of US inflation data, with investors hopeful that soft inflation may ease rate tensions and support risk assets.
Global equity markets edged higher today as traders awaited upcoming US inflation data that could influence Fed policy direction. Broader optimism in Asia and Europe helped stabilize investor sentiment, while credit spreads remained tight. Analysts warned volatility could return after data release, but for now equities remain supported.