December 23, 2024 3:26 PM

Global stocks rally as investors cheer US inflation relief

Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. After a recent central bank decisions bonanza, this week only has the minutes of a few of those meetings, while there are no Federal Reserve speeches and U.S. data is secondary. The main market themes remain largely the same, with the dollar underpinned by a relatively strong economy and higher bond yields,...