As investors bet on a milder inflation outlook, the MSCI World Equity index rose to its highest so far this year. On Friday it was up 0.2% on the day, after a week of gains put it on track for its biggest weekly rise since November 2022 (.MIWD00000PUS). The positive momentum was set to continue into Wall Street, with S&P 500 futures up 0.1% and Dow futures up 0.4% . The U.S. dollar index was at 99.821, holding near the 15-month low of 99.574 hit earlier in the session and set for its biggest weekly decline since November . Meanwhile the Swedish crown was set for its biggest weekly gain against both the dollar and euro in 14 years , .

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Persons: Germany's DAX, Norman Villamin, We're, Villamin, UBP's Villamin, Brent, Gold, Elizabeth Howcroft, William Maclean, Chizu Organizations: U.S . Federal Reserve, Dow, Money, Federal Reserve, U.S, JPMorgan Chase, Wells, Thomson Locations: Europe, U.S