China’s CPI and economic briefings dampen European market sentiment | Euronews Newsletter Events Search Loader Newsletter Events Search Loader Loader Search
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ADVERTISEMENT China reported weaker-than-expected inflation over the weekend, highlighting continued sluggish consumer demand despite aggressive stimulus measures. The disappointing data was accompanied by an underwhelming economic briefing by the Chinese Finance Minister on Sunday, likely leading to further declines in Chinese stock markets following the recent stimulus frenzy. This fading optimism may also weigh on luxury stocks in European markets ahead of the European Central Bank’s ( ECB )
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