Global stocks rise as investors await key US inflation data

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Ryanair,Aib,Bank-Of-Ireland

Ryanair lagged behind its peers as it dropped 40 basis points following comments last week on the pricing of fares

Global stock markets rose on Monday, with investors awaiting this week’s US inflation data, which is expected to be key for the outlook for interest rates.had a strong opening in the morning with some robust flows, but it failed to hold on to those gains and finished the day down 70 basis points. Elsewhere,‘I lost €1,000 in cash on the way to the bank to lodge it.

made gains after the technical products firm, which sells items such as gaskets, increased its annual guidance. MSCI’s gauge of stocks across the globe rose 0.2 per cent, and the Euro Stoxx 600 index was nearly flat.US stock indexes edged higher, nearing record highs after a recent run of gains, as investors awaited key inflation figures this week to gauge the likelihood of interest rate cuts in 2024.

 

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