SINGAPORE/LONDON—Global stocks held firm on Tuesday and the dollar regained a little of its overnight losses a day ahead of crucial U.S. inflation data that could influence when or whether the Federal Reserve raises rates further.
Traders still had plenty to watch on Tuesday ahead of the key U.S. numbers and Thursday’s European Central Bank meeting, as Britain reported a rise in its unemployment rate that means the Bank of England’s expected rate rise next week might be its last.