Investing.com -- European stocks open lower on Friday as investors turn their attention to November’s euro zone inflation data, a key indicator ahead of the European Central Bank’s final policy meeting of the year on December 12.The market is closely watching the release of the flash inflation data for the euro zone, expected later today.
With inflation trends playing a pivotal role in shaping interest rate decisions, this data is expected to be a key determinant of investor sentiment in the near term. As reported by The Financial Times, the approach follows Direct Line’s rejection of Aviva’s initial cash-and-share offer, which the smaller insurer dismissed as “highly opportunistic” and undervaluing the company.
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