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European markets close higher, trimming losses as euro zone inflation eases to 8.5% - TL;DR CNBC

European markets close higher, trimming losses as euro zone inflation eases to 8.5%

Publishing timestamp: 2023-03-02 11:33:42


Summary

European stock markets closed higher Thursday, recovering earlier losses after key euro zone inflation data came in above expectations. Inflation in euro zone eased slightly in month of February, following comments from the European Central Bank chief that bringing rate down will take some time. U.S. stock futures moved slightly lower on Thursday. Earnings are set to come from London Stock Exchange, Metro Bank, Taylor WImpey and Anheuser-Busch InBev and data releases are focused on flash inflation figures for euro zone for February.


Sentiment: NEUTRAL

Tickers: .FTMIB.FCHIBEZ-GBCRM.FTSE.GDAXIAMBU.B-DK0MJF-GB.STOXX

Keywords: breaking news: europestoxx 600beazley ireland holdings plcbusiness newsambu a/s

Source: https://www.cnbc.com/2023/03/02/european-markets-live-updates-euro-zone-inflation-data-for-february.html


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