European and US stock futures rose as investors weighed how the latest inflation data will affect central bank policy, with a Bank of England interest rate decision later. The dollar strengthened.
Media stocks were early leaders in European stocks, with the regional benchmark looking to gain for the first time in three days. On Wall Street, futures for the S&P 500 and the Nasdaq 100 were higher. Mainland China shares and Hong Kong’s Hang Seng index fell after Beijing reported slower-than-expected consumer spending inflation, while producer prices continued to fall.