Market Mood Is Swinging To Short-Term Bullish

By Michael Msika and Jan-Patrick Barnert, Bloomberg Markets Live reporter and strategists

A soft US inflation print is brightening market sentiment, at least in the near-term, with short positions being trimmed and new money flows put to work.

The data, which came after a month of weak performance, certainly didn’t knock down the wall of worry restraining stocks but the mood is showing early signs of flipping