Global stocks are up across the board following the release of better than expected data out of the US. Consumer prices in the world's largest economy rose 8.5% in July. That's down from the previous month's increase of more than 9%, which was the highest in four decades.

Naeem Aslam is the chief market analyst at AvaTrade in London. He gave us his take on the prospects for the US economy.

UnitedStates #Inflation #StockMarket