LONDON, Jan 11 — Europe’s stock markets opened higher today in choppy trade on the eve of key US inflation data, as investors went bargain hunting after recent falls.
In the eurozone, Frankfurt’s DAX index won almost 1.0 per cent to 15,921.68 points and the Paris CAC 40 added 1.1 per cent to 7,196.96. On the downside, most Asian indices retreated as investors grew increasingly concerned about the Federal Reserve’s plans to wind back its financial support measures and lift interest rates within months in order to tackle surging inflation.
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