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European equities sink as Eurozone inflation reduces odds of ECB rate cut, US NFP thumps forecasts

Started by forex4you, Jan 08, 2024, 06:29 am

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European equities sink as Eurozone inflation reduces odds of ECB rate cut, US NFP thumps forecasts

European 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
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