European stocks set for mixed open as markets digest U.S. inflation data, look ahead to ECB decision

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European markets are heading for a mixed open Thursday as global investors digested the latest U.S. inflation data, which came in hotter than expected.

Markets had expected the U.S. Federal Reserve to start cutting interest rates in June, with further cuts expected later this year, but that shifted dramatically following the release, with traders now expecting the first cut in September, according to CME Group calculations.European investors' focus is on the European Central Bank's monetary policy decision Thursday, with the central bank being closely watched for clues that it could start to cut rates in summer.Asia markets tumble as U.

The Wall Street bank expects the 'attractive' yet 'high risk' stock could go up by 280% over the next 12 months. Attractive returns and the breadth of opportunities have historically been among the many reasons why the U.S. has reigned supreme among investors.

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