An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange Group’s offices in London, the UK. Picture: BLOOMBERG VIA GETTY IMAGES/LUKE MACGREGOR
US inflation numbers this week suggested rising price growth may be peaking, which would ease pressure on the Federal Reserve to begin tapering its asset purchases. The broader Euro Stoxx 600 was 0.15% higher — on Thursday it equalled its longest ever longest winning streak. Friday would see the index extending gains for a record tenth consecutive session.Futures also pointed to a small gain on Wall Street when it opens.
More broadly, “rising regulatory and geopolitical risks are weighing on medium-term growth prospects , especially in segments targeted by national reform or security effort,” private bank UBP said in an note.
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European stocks set for record winning streakDollar and bonds ease after US inflation data dampens talk of Fed tapering, while Asian shares were jittery after reports of further clampdowns by China regulators
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