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European stocks tread water ahead of US inflation data

European shares were largely subdued on Wednesday as investors assessed corporate earnings and fresh geopolitical tensions ahead of crucial US inflation data. The pan-European STOXX 600 was little changed at 661.26 points, as of 0715 GMT, but hovered near recent record highs. Brent crude futures climbed 0.8% to $89.57 a barrel after fresh attacks on shipping in the Middle East and fading hopes…

European stocks tread water ahead of US inflation data

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