Global Markets Waver Amid Mixed Economic Signals and Interest Rate Speculations

Global stock markets faced volatility on Monday, influenced by falling shares in Asia, rising European indices, and fluctuating bond yields. China's consumer prices surged, while its producer prices declined, reflecting economic struggles. European stocks rose on anticipated ECB rate cuts, while U.S. markets remained mixed ahead of key inflation data and upcoming political debates.

Global stock markets saw volatility on Monday, driven by falling shares in Asia, rising European indices, and fluctuating bond yields. MSCI's global stock gauge edged lower, while Europe's STOXX 600 saw gains amid hopes of an ECB rate cut.

China's consumer prices surged in August, but producer price deflation highlighted underlying economic challenges. This drove down China's key indices, with the Shanghai Composite and Hong Kong's Hang Seng closing significantly lower.

Japan's Nikkei also declined due to weaker tech stocks. Meanwhile, European markets showed optimism ahead of the ECB's anticipated rate cut decision on Thursday. U.S. futures rallied following a mixed payroll report, prompting speculation about the Fed's next move. Bond yields in the Eurozone and U.S. rose on Monday's jobs data. Oil prices gained as hurricane threats loomed, rebounding from prior significant losses.

(With inputs from agencies.)