Europe’s Stocks Hit Longest Win Streak Since 1999

The US and Europe have pushed ahead of Asia and other regions with inoculations and equities there are hitting records. With the global backdrop set the way it is, some strategists are predicting a rebound in reflation trade tied to economic revival. The US Treasury 10-year yields are set for the first back to back weekly climb since March.

There’s reason to believe that higher commodity costs and supply bottlenecks are still adding to inflationary pressures for companies, as the latest US data showed that prices paid to producers rose in July by more than economists forecasts. Initial unemployment claims fell for a third week and home prices rose to a record high.

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