European shares started Friday with little movement as investors anticipated key May inflation data for the euro zone and an April inflation reading for the U.S. These reports will influence the scope and timing of global interest rate cuts. The STOXX 600 index remained flat, while certain stocks such as JD Sports Fashion and Telecom Italia saw significant declines.
MARKET WRAPS Stocks: Stocks in Europe hardly moved on Friday ahead of key inflation data in Europe and the U.S., with traders looking for hints on the timing of possible interest rate cuts..
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were broadly lower on Friday after data showed Eurozone inflation rose for the first time this year, reaching 2.6 percent year-on-year in May
The Mib continued bullish on Friday, holding the point bar in the 34,400 area, after the inflation figure in the euro area accelerated more than expected, making the outlook for the European Central.
European Midday Briefing: Key Inflation Data Awaited morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.