Shares nudge higher as US, EU inflation data loom
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World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months. MSCI's broadest index of stocks gained 0.2%, having slipped 0.38% last week and just shy of an all-time peak of over 796. Median forecasts expect this week will see a rise of 0.3% in April according to a Reuters poll, keeping the annual pace at 2.8%, with risks on the downside. Figures for inflation in the euro zone are also due on Friday and economists believe an expected tick up to 2.5% should not stop the European Central Bank from easing policy next week.

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https://www.investing.com/news/stock-market-news/asia-shares-inch-higher-before-inflation-tests-3457506