European Stocks Rise Ahead of US Inflation Data

European stocks followed Asian markets higher as investors awaited US inflation data to gauge the Federal Reserve`s next policy move. While US futures rose, the UK`s FTSE 100 lagged behind as unexpectedly low unemployment figures complicated the Bank of England`s plan to lower interest rates. Market focus is on this week`s US consumer and producer price data to determine if the Fed can achieve a soft landing for the economy. Asian markets recovered from last week`s losses, with Japan benefiting from a weaker yen. Meanwhile, China`s efforts to control its bond market rally are impacting corporate debt yields.