Equity markets posted their strongest week in months after fresh data showed inflation easing across major economies.
Global equity markets rallied this week after inflation data across the US, Europe, and Asia came in below analyst expectations, fueling bets that central banks are nearing the end of their tightening cycles.
The rally was broad-based, with technology and financial stocks leading gains. Bond yields fell in tandem as investors priced in a higher probability of rate cuts later this year.
Analysts caution that a single month of cooler data isn't a trend, but the market reaction underscores how sensitive investor sentiment remains to every incoming inflation print.