European stocks were higher Wednesday, as global markets look ahead to the release of U.S. inflation data for March.Economists surveyed by Dow Jones expect U.S. inflation to have increased 0.3% in March on a month-over-month basis and 3.4% from 12 months earlier, according to economists surveyed by Dow Jones., scheduled for release at 8:30 a.m. ET, will be closely watched globally as it will influence the U.S. Federal Reserve's rate policy.
It forecast adjusted operating profit of at least £2.8 billion in its retail division for the coming financial year, up from £2.76 billion. He added that the he did not expect a reduction in rates from their 16-year highs until December, given strong wage increases, a robust economy and the"lack of a substantial recovery" in the Norwegian Krone.The agency said in its report that the country faces more uncertain economic prospects and a transition away from property reliant growth.
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