By Esther Ososanya
Global equities gained on Monday as traders positioned for a pivotal U.S. inflation report. The data could sway the dollar, Treasury yields, and interest rate bets.
MSCI’s world share index rose close to its late-July record, driven by strong U.S. earnings and a 0.3% lift in Europe’s STOXX 600.
Economic and Geopolitical Focus
This week’s agenda blends economic data with high-level diplomacy. On Tuesday, the U.S. will release consumer price figures. Analysts expect a 0.3% rise in core inflation to an annual 3.0%, which could challenge hopes for a Federal Reserve rate cut in September. In parallel, U.S. President Donald Trump will meet Russia’s Vladimir Putin in Alaska on Friday to discuss ending the Ukraine war. Meanwhile, Washington is set to extend a tariff deadline on China.
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U.S. Treasury yields stayed low, with the 10-year at 4.25%. Oil slipped as hopes grew for a Ukraine ceasefire, with Brent down 0.9% to $65.97 a barrel. Gold fell 1.1% to $3,360 an ounce after sharp swings last week over tariff concerns.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
