Global equity markets posted modest gains on Monday as investors continued to price in the possibility of a U.S. interest-rate cut later this year. The move came ahead of several key economic releases that could shape expectations for the Federal Reserve’s next policy decision.

Bond yields eased slightly, while the U.S. dollar stayed under pressure as traders shifted toward assets that tend to benefit when borrowing costs fall. The cautious advance reflected a market still looking for clearer signals on inflation, growth, and the timing of any policy shift.

The session was broadly constructive, but gains remained limited as investors waited for fresh data before making bigger bets. Market participants are watching closely for signs that would either reinforce hopes for easing or push those expectations further out.

For now, the tone across global markets remains measured: investors are leaning toward a more supportive rate outlook, but they are not treating it as settled yet.