Stocks shrug off early setback from inflation worries

<p style=““ class=“text-align-justify“>Here’s a snapshot of the equities space at the moment:</p><ul><li>Eurostoxx +0.1%</li><li>Germany DAX +0.1%</li><li>France CAC 40 flat</li><li>UK FTSE -0.3%</li><li>S&P 500 futures +0.1%</li><li>Nasdaq futures +0.1%</li><li>Dow futures +0.1%</li></ul><p style=““ class=“text-align-justify“>After the <a target=“_blank“ href=““ target=“_blank“ rel=“follow“>early setback</a> from the hotter French and Spanish inflation data, stocks are recovering well so far on the session. That is making for a tough read in markets, as the dollar trades more mixed now with month-end flows also a consideration to be wary about.</p><p style=““ class=“text-align-justify“>It is still early in the day though and we will also have to see how Wall Street takes to this later. But for now, it looks like the resilience in Europe – which has been quite the story in markets this year – is continuing to play out.</p><p style=““ class=“text-align-justify“>Looking out to the rest of this week, do take note that there will be German inflation data tomorrow and then Eurozone inflation data on Thursday still to come.</p>

This article was written by Justin Low at

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