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European Stocks Fall Ahead of Eurozone Inflation Data

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EUROPEAN STOCKS,INFLATION,EUROZONE

European stock markets declined on Tuesday, reversing some of the previous session's gains, as investors await key eurozone inflation figures. Sentiment was initially boosted by reports of less extreme tariffs from the incoming US administration, but this was countered by President-elect Trump's denial of those claims. The focus now shifts to the eurozone inflation data, which is expected to confirm a pick-up in prices. The data will influence the European Central Bank's next meeting on January 30, where policymakers are anticipated to consider easing interest rates.

Investing.com - European stock markets fell Tuesday, handing back some of the previous session’s healthy gains ahead of the release of key eurozone inflation data.This followed a press report that US President-elect Donald Trump’s tariff plan may not be as extreme as feared. However, sentiment has since been hit by Trump’s rebuttal of the report in a social media post.

However, data released already from Spain and Germany showed faster-than-expected pickups in inflation, suggesting any surprise in the eurozone data could be on the upside.for December is expected to have risen 2.4% in December on an annual basis, speeding up from 2.2% in November.) stock rose 3.

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