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European stocks may open on a firm note Thursday as investors await U.S. consumer price inflation data later in the day for important clues on the Federal Reserve's rate trajectory.
European stocks closed notably lower on Thursday on concerns the Federal Reserve will likely hold interest rates higher for longer after data from the Labor Department showed an acceleration in U.
European shares traded mixed on Wednesday as investors awaited U.S. consumer price and producer price inflation data this week for additional clues on the Fed's rate trajectory.
European stocks traded lower on Tuesday, after having opened on a firm note earlier on expectations for Fed rate cuts and a soft landing of the world's largest economy.
European stocks closed lower on Tuesday, weighed down by data showing an unexpected drop in Germany's industrial output, and caution ahead of crucial U.S. inflation data, and big bank earnings.