Chinese producer price inflation turned positive. Suggestions that this heralds a shift in global inflation forces are nonsensical. Chinese exports, on a very generous interpretation, lowered global inflation pressures 0.04% last year. China's positive impact on inflation through demand also has to be considered.
The US has retail sales data today. The figures are expected to bounce back from a weaker August reading. However, with rising healthcare costs it is possible that consumer spending rises without equivalent strength in retail sales, as the household budget is diverted.
US producer prices give a better indication of pricing power for equity investors than do consumer prices (most listed companies sell to other companies, not to consumers). Positive momentum is expected to continue.
The great UK Marmite crisis of 2016 is over (after 24 hours) with a secret deal on pricing post the collapse of sterling. One of the many European presidents has declared that there should be a hard Brexit or no Brexit. As rallying cries go, it is not really on a par with "Once more unto the breach, dear friends".