Investing.com - European stock markets traded in a steady manner Tuesday, as investors digested regional employment and inflation data, helped by the backdrop of solid gains on Wall Street.Eurozone business activity unexpectedly contracted in September, while inflation appears to no longer be an issue, leading to expectations that the ECB will cut interest rates once more on Thursday.unexpectedly fell to 4%, from 4.
Oil prices were also dented by traders pricing out a risk premium after a report on Monday said that Israel will not attack Iran’s oil and nuclear facilities. Such a strike would have marked a major escalation in the conflict, and had traders concerned about a disruption to supply from this oil-rich region.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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