Global equities, including MSCI's gauge, rallied alongside the dollar, as investors evaluated unexpected inflation data ahead of the U.S.-China summit. The Bureau of Labor Statistics reported the largest increase in U.S. producer prices since early 2022, indicating economic repercussions from the U.S.-Israel war on Iran, further exacerbating inflation concerns.Despite inflation worries, technology stocks on Wall Street showed resilience, with major indices like S&P 500 and Nasdaq witnessing gains, led by artificial intelligence-related technology shares. President Trump arrived in Beijing with a delegation, including tech leaders Elon Musk and Nvidia's Jensen Huang, seeking economic engagement with China's Xi Jinping.In financial markets,…