Global shares steady as investors await U.S. inflation data

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By Tom Wilson LONDON (Reuters) -Global stocks were steady on Tuesday as market players awaited U.S. data expected to show a pick-up in inflation, with the dollar also edging higher. The broad Euro STOXX 600 gained 0.2%, hovering near record highs, with export-heavy German shares and Paris both up 0.2%. London shares fell 0.2%. Investors were focused on U.S. inflation data for March, due at 1230 GMT, with many expecting that an increase in inflation would accelerate recent moves by equity investors to rotate towards cyclical stocks. “The question for the next few months is not whether inflation…

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