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Futures High in Europe, Asian Exchanges Pull Back

Futures High in Europe, Asian Exchanges Pull Back

Futures on the European Stoxx 50 index advance 0.1%, in line with the rise in S&P 500 futures, which are up 0.2%.

Conversely, in Asia Hong Kong’s Hang Seng index retreated 1.5% while South Korea’s Kospi lost 0.8%. The Australian ASX 200 index, meanwhile, traded practically unchanged from Friday’s session.

This indefinite trend in international markets comes at a time when investors are trying to gauge inflationary risks at a time when indicators are mounting that point to a general improvement in economic activity and a more robust upturn in economic growth.

The most recent data on the US economy show that the economic stimuli applied allowed to ensure the largest monthly rise in personal income since 1946, while the consumer price indicator most used by the Federal Reserve recorded the largest increase since 2018.

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