Morning Bid: Markets eye US CPI and record high

Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protestStocks near record highs and Bill Hwang and Roaring Kitty in the headlines lend this week an air of deja vu ahead of U.S. inflation data.

Britain's FTSE already stands by record highs, having touched that peak only on Friday, as did Europe's STOXX 600 index. The S&P 500 is close to topping March's record high. Rumblings from the Politburo in the direction of property support, marketing plans for special bond sales and falling lending point to monetary policy reaching its limits and has fed expectations of spending to support the economy.

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