European equities sink as Eurozone inflation reduces odds of ECB rate cut, US NFP thumps forecastsEuropean equity indexes shed weight on Friday, plunging on a rebound in Eurozone inflation figures while the US' Nonfarm Payrolls (NFP) solidly steamrolled forecasts, adding the most jobs since October while markets were expecting a slight fallback in the headline jobs figure.
Source: European equities sink as Eurozone inflation reduces odds of ECB rate cut, US NFP thumps forecasts (https://www.fxstreet.com/news/european-equities-sink-as-eurozone-inflation-reduces-odds-of-ecb-rate-cut-us-nfp-thumps-forecasts-202401051935)