U.S. and European exchanges rose in anticipation of U.S. inflation data

The major U.S. stock indices were mostly up on Monday. The Dow Jones rose 0.30%, the S&P 500 rose 0.10% and the NASDAQ fell 0.03%. European stock indices closed up within 1%.

This week the attention of players is focused on the inflation data in the United States for March, the publication of which is expected on Wednesday. Analysts expect it to decline to 5.2% - in February it was at 6%. Based on March results they expect to get some hints on the regulator's further actions regarding the key rate.

According to BMO Capital Markets strategist Iain Lingen, the regulator will rely on consumer price data when making decisions about the interest rate. At the same time, in his opinion, last month's unemployment statistics is not an obstacle for him to raise the rate by another 25 basis points.