Markets Mostly Fall as US Inflation Data Shows Improvement

Global stock markets mostly declined on Friday following a mixed session in Asia. In Europe, Britain's FTSE 100 fell by 0.3% to 10,744.31 after Nigel Farage regained his seat in Parliament.

The DAX index in Germany rose 0.5% to 26,442.54 while the CAC 40 in Paris edged less than 0.1% lower at 8,648.48.

In Asia, Tokyo's Nikkei 225 index gained 0.6% to 68,713.80 and South Korea's Kospi rose by 2.4% to 6,977.94.

However, US futures were little changed after data showed a better-than-expected improvement in July wholesale inflation rates.

Oil prices resumed climbing after slipping 2% the previous day with Brent crude rising 1% to $87.96 per barrel and US benchmark crude surging 1.7% to $82.60 per barrel.