Global stock markets are on track for a positive close this week, buoyed by continued dip-buying following the intense selloffs at the beginning of August. Risk-on sentiment has resumed amid positive economic data worldwide, easing recessionary concerns. Cooler-than-expected inflation data from the UK and the US have also reinforced expectations for a lower-rate environment. EuropeEuropean stock markets experienced a broad rally this week, with the Euro Stoxx 600 up by 2.47%, the CAC 40 rising by 2.11%, the DAX advancing by 2.60%, and the FTSE 100 climbing 2.19% over the past five trading days…