By Anna Szymanski
LONDON (Reuters) – What matters in U.S. and global markets today
By Anna Szymanski, Editor-in-Charge, Reuters Open Interest
Oracle’s skyrocketing share price lifted Asian equities on Thursday, as AI enthusiasm shows no signs of abating. Meanwhile, European markets remain in wait-and-see mode ahead of the European Central Bank’s rate decision later today. The focus will be less on what the ECB does – which is expected to be nothing – and more on what President Christine Lagarde says.
Investor attention will then turn once again to U.S. inflation data, with a consumer price update due following a soft producer price report yesterday. This is one of the last major data releases before the Federal Reserve’s meeting next week, and the question now is not whether the centra