LONDON—Global shares rose on Tuesday, taking their lead from an upbeat session on Wall Street ahead of key U.S. inflation data that could shape the outlook for Federal Reserve monetary policy.
Consumer inflation on Tuesday and wholesale data on Wednesday could offer investors evidence of how successful the Fed has been in taming price pressures, and an indication of how much more U.S. rates may need to rise.
In Europe, the STOXX 600 rose 0.3 percent in early trade, thanks to gains in the technology sector, as shares in Hexagon rose 4.6 percent after the Swedish industrial group said it had signed a collaboration agreement with Nvidia….