EMEA Morning Briefing: Inflation Worries, U.S. Tech Rout to Weigh on Europe
MARKET WRAPS
Watch For:
EU Long Term Interest Rates; Germany, Italy CPI; updates from E.ON, TUI, Avast, Deliveroo, Prudential, Admiral, Provident Financial, ABN AMRO, Ahold Delhaize
Opening Call:
Europe faces another cautious opening session as investors position for the key U.S. inflation data. In Asia, stocks were mostly lower, with the dollar, Treasury yields and commodities all weaker too. On the data front, China’s consumer inflation rose to the highest level in two years, but the 2.