European markets set for muted open with inflation data, earnings on the agenda

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European markets set for muted open with inflation data, earnings on the agenda
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European markets are set for a lackluster open on Wednesday as investors await inflation readings from the euro zone and continue to monitor corporate earnings releases.

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were little changed in early premarket trading on Wednesday as investors geared up for earnings reports from big-box retailers Target and Lowe's. Markets stateside received a boost on Tuesday from strong retail sales data and industrial production figures.

Back in Europe, investors will be monitoring a raft of inflation data from the U.K. and the euro zone on Wednesday morning, looking for clues as to how central banks will move in the coming months.

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