On Wednesday, European shares nudged higher (.STOXX), while a gauge of Asian shares gained 0.35% (.MIAPJ0000PUS) and Japan's blue-chip Nikkei touched its highest in over two weeks (.N225).
Spanish inflation rose 2.6% in August, as economists polled by Reuters had expected.
Economists polled by Reuters expect the headline euro zone inflation rate to have moderated to 5.1% in August from 5.3% in July, still far above the European Central Bank's (ECB) 2% goal.
Euro zone inflation has exceeded the target level for two years.
Germany's two-year yield rose 7 bps to 3.099% after regional Germany inflation data.
Persons:
Issei Kato, SEB, Elisabet Kopelman, Jerome Powell's, Europe's, Sylvia Ardagna, Ardagna, Germany's, Brent, Ankur Banerjee, Naomi Rovnick, Dhara Ranasinghe, Mark Potter
Organizations:
REUTERS, Nikkei, SEB Group, Fed, Reuters, Bank's, Barclays, ECB, Treasury, Thomson
Locations:
Tokyo, Japan, SINGAPORE, Asia, Spain, Germany, North Rhine Westphalia, Germany's