As traders awaited the European Central Bank’s most recent interest rate decision and additional US inflation data, European and Asian stock markets saw gains Thursday. In comparison to the euro and other major competitors, the dollar appreciated. One day after official data indicated that producer prices were declining in the largest economy in the world, the US consumer price index is scheduled to release an update on Thursday. Analysts predict that the Federal Reserve will lower interest rates before the year is out due to recent disappointing US jobs data.…
Investors Eye US Inflation and ECB Decision as European, Asian Stocks Climb
