4 days ago
- Business
- Wall Street Journal
Global Markets Mostly Lower on Continued Trade Tensions; Eurozone CPI Data In Focus
Global markets were mostly lower and U.S. futures were down on continued trade tensions, and ahead of Eurozone flash CPI data Tuesday and an European Central Bank rate decision later this week.
Eurozone consumer price inflation, due at 0900 GMT, is expected to have fallen to an annual rate of 2.0% from 2.2% in April, while the ECB is widely expected to cut interest rates by 0.25 basis point to 2% on Thursday.