Reply #41: Inflation fears hit European equities [View All]

[Ghost Dog]

http://www.ft.com/cms/s/febd09fc-2126-11db-b650-0000779e2340.html

European stocks fell back sharply in afternoon trade after US inflation numbers dented hopes that US interest rates had peaked.

By mid afternoon, the FTSE Eurofirst 300 was down 0.9 per cent to 1,326.91, the CAC 40 in Paris fell 0.1.2 per cent to 4,947.49, Frankfurt’s Xetra Dax shed 1.4 per cent to 5,603.74 and London’s FTSE 100 slid 0.8 per cent to 5,879.4.

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