A positive opening is on the cards as investors await the release of U.S. inflation data later in the day for clues as to how aggressively the Federal Reserve plans to raise interest rates.
The annual rate of consumer price growth is expected to slow to 8.1 percent in April from 8.5 percent in March. Data on producer prices, or wholesale prices that impact businesses, is also due.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com