Global Stocks Extend Record High

Global stocks have extended a record high as confidence has grown within traders that inflation will prove transitory, leaving a scope for continued central-bank support.

As faster than expected US consumer price growth for May was driven by economic re-openings, analysts have held the to the notion that price pressures may ease later in the year. The Feds have set a higher bar for reconsidering its dovish stance, so CPI data really only continued to fuel risk appetite across global markets.

Tune in to hear what's moving Friday's market and where to trade to end up in green.