European Stocks Are Heading for a Lower Open as Inflation Nerves Grip Markets

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European stocks are expected to open in negative territory amid nervousness over inflation, with the next reading of U.S. inflation due soon.

The U.K. trading session will be interesting to watch on Tuesday amid political turbulence in the country. On Monday evening, U.K. Prime Minister Boris Johnson survived a vote of confidence triggered by his own lawmakers amid increasing dissatisfaction in his leadership.

Some 211 Conservative Party lawmakers voted in favor of the prime minister on Monday, while 148 voted against him. Johnson needed the support of a simple majority of 180 MPs to win the vote, but the figure of 148 was worse than many expected. It is also worse than the result of a similar vote that former leader Theresa May faced in 2018. She resigned as prime minister just six months later.

It's a quiet day on the data and earnings front in Europe, although Germany's latest industrial orders figures are due to be released.Sign up for

 

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