US futures keep higher ahead of North American trading 0 (0)

Risk stays in a better spot to start the week
Dip buyers stepped in yesterday to secure a modest advance after some sluggish tones and the more optimistic mood is continuing so far today with S&P 500 futures less than 1% away from its all-time highs currently.

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ECB’s Rehn: Core inflation clearly the important parameter for monetary policy 0 (0)

Further remarks by Rehn
The headline is a fair point but even core CPI has jumped up to close to 2% in the latest . Sure, some of the factors driving the surge may be perceived to be temporary but again, what exactly is the definition of transitory here?

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