US inflation data lifts global equities
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tariff, inflation
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DAX gains as US-China tariff pause lifts sentiment; traders eye ZEW sentiment forecast and US CPI for direction. EU trade tensions may cap upside.
US consumer prices are expected to have increased in April, with economists anticipating a more pronounced impact from higher tariffs over time. This has led to growing consumer apprehension about inflation and the economy.
US economic outlook improves, inflation forecasts drop and recession odds fall after US-China trade deal to reduce the highest tariffs for 90 days.