Equities mood picks up a little to start the session

A snapshot of the equities market at the moment:

• Eurostoxx +0.6%
• Germany DAX +0.6%
• UK FTSE +0.2%
• France CAC 40 +0.5%
• S&P 500 futures +0.3%
• Nasdaq futures flat
• Dow futures +0.3%

Of note, S&P 500 futures are now up 12 points after being down 16 points just around two hours ago. As mentioned during the week, US equities may be overdue some breathing room after a run of seven straight weeks of decline. That may see stocks recover some more ground and dollar bets cool off further for the remainder of the week.

However, best be reminded about the things that got us here since April trading. Inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term pressures are still surging, the global economic outlook remains suspect, and central banks are sticking with tightening policy still - even if that window may be closing for some. That will continue to drive market sentiment in the bigger picture.