Opening Bell: Stocks Mixed Ahead Of U.S. CPI; Treasuries, Dollar Sell Off

  • US benchmarks score all-time highs during last week’s trade
  • Pfizer pill success could prove to be a positive market catalyst
  • Oil continues to trade higher

Key Events

US futures on the , and wavered between gains and losses on Monday, while contracts on the were trading firmly in the green, and European stocks retreated ahead of key US inflation data due to be published this week. Wednesday’s CPI figures will provide a gauge on economic growth and may impact , including the pace of reducing the current stimulus from the Federal Reserve.

Meanwhile the rally in Bitcoin and Ethereum .

Global Financial Affairs

In Europe, the Index edged lower in trading, with the retail sector’s decline overshadowing increases in energy-related stocks.

Most of the Asian benchmarks were in the red, led by Hong Kong. The ‘s 0.43% decline was driven by tech giants and healthcare shares. Vaccine related stocks sold off after Pfizer (NYSE:) its experimental antiviral pill…

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