Global Equities Edge Higher Amid Oil Retreat, CPI Focus

By EC Assets · Published 12 October 2026

European shares and US futures saw gains on Monday. This followed a choppy trading session across Asian markets. Oil prices retreated, while investors focused on upcoming economic data and corporate earnings. Share markets in Asia experienced choppiness on October 11, with oil prices slipping. The latest inflation data on Tuesday offered a potential boost to investors, as the June consumer price index report came in below expectations. This signaled continued moderation in price pressures. Analysts from Seeking Alpha shared their thoughts on this CPI print and its market implications. Cracker Barrel shares recently lost ground. This occurred in a volatile restaurant sector after hotter April CPI data and higher oil prices weighed on consumer and cost expectations. CPI and bank earnings remain a market focus. Investors are now looking ahead to US CPI data and corporate earnings reports. This article is intended for informational purposes only. It does not constitute investment advice.