"Inflation Data Awaited: Global Stocks Steady, Gold Rises as Dollar Weakens"

1 min read
Source: Reuters
"Inflation Data Awaited: Global Stocks Steady, Gold Rises as Dollar Weakens"
Photo: Reuters
TL;DR

Global equities remained steady as investors awaited key U.S. and European inflation data, while gold reached a six-month high due to a weakening dollar. European stocks were slightly lower, with the STOXX 600 index down 0.13%. The oil market faced uncertainty ahead of the delayed OPEC+ meeting, causing oil prices to slip. The market's focus is on the upcoming release of inflation figures and the Fed's preferred measure of inflation, which could provide direction for markets.

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