Global Markets Waver Amid U.S.-China Tensions and Inflation Watch

European stock markets dipped on Friday, yet remained in line for weekly gains. Attention is focused on U.S. inflation data amid U.S.-China trade tensions. The dollar remained steady; U.S. stock markets surged on rate cut hopes. Canadian negotiations halted amid new economic pledges by Japan's new prime minister.

On Friday, European stock markets experienced a marginal decline, maintaining their trajectory towards net weekly gains. Market watchers worldwide are honing in on upcoming U.S. inflation data as trade tensions oscillate between the U.S. and China.

Amid speculation of a potential economic downturn, driven by artificial intelligence stocks, U.S. stock markets hit unprecedented highs with expectations that the Federal Reserve would continue rate cuts. Anticipation builds for the delayed U.S. inflation figures due to the government shutdown.

Japan's new prime minister promises an economic stimulus as Canadian trade discussions cease following President Trump's decision. Oil prices and gold shift in response to global economic movements, with high stakes on all sides.

(With inputs from agencies.)