Inflation Effect Continues In Global Markets

Global markets focused on inflation data to be released in the United States on Thursday.

Inflation effect continues in global markets. Global markets are focused on inflation data that will be released in the US on Thursday. In addition, inflation data from China showed that cost pressure continued. While awaiting the inflation data to be announced tomorrow in the USA, global markets followed a mixed outlook. Futures in the US rose slightly, excluding Dow Jones. In Asia, sales were at the forefront, except for the China CSI 300 index, which increased by 0.21%. The Japanese Nikkei index led the declines. Wall Street indices were mixed in Wednesday trading. Although the S&P 500 index completed the day with sideways movement, it was very close to the record level on May 7th. While Dow Jones closed the day slightly negative, Nasdaq 100, which showed an increase of 0.8 percent for a while, was up 0.06 percent at the close. It was reported that producer prices in China exceeded expectations with an annual rate of 9 percent in May and increased the fastest since 2008, while consumer prices were realized as 1.3 percent annually and remained below the forecasts. The Bloomberg Dollar Index, which increased by 0.13 percent in trading on Wednesday, remained flat in the first part of the new trading day. While the US 10-year bond yield decreased for two consecutive days, it was balanced at 1.52 percent in the first transactions.