Stock market: Europe hesitates before inflation in the euro zone







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PARIS (Reuters) – European stock markets were mixed at the opening on Wednesday, before the publication of euro zone inflation figures for March likely to fuel expectations of an upcoming drop in interest rates.

In Paris, the CAC 40 is stable at 8,132.66 points around 07:35 GMT, like the FTSE in London. In Frankfurt, the Dax nibbles 0.16%.

The pan-European FTSEurofirst 300 index is unchanged, the EuroStoxx 50 gains 0.2% and the Stoxx 600 loses 0.11%.

New York index futures suggest Wall Street opening lower, with the Dow Jones falling 0.11%, compared to 0.16% for the Standard & Poor’s 500 and 0.26% for the Nasdaq.

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The inflation indicator for the euro zone will be published at 09:00 GMT: core inflation is expected at 3% in March, compared to 3.1% in February.

German inflation, published on Tuesday, came out lower than consensus, making operators hope that the indicator for the entire euro zone would also surprise on the downside.

In terms of values, Nexity leads the SBF120, increasing by 4.68% after announcing the sale of its property management activities to the investment company Bridgepoint on the basis of an enterprise value of 440 million euros. ‘euros.

(Written by Corentin Chappron, edited by Blandine Hénault)











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