European stocks are likely to open on a firm note Thursday as investors await U.S. weekly jobless claims data and inflation figures later in the day for clues to Federal Reserve's monetary path.
The U.S. CPI report is forecast show inflation rising 0.2 percent in July, matching the uptick seen in June.
The annual rate of consumer price growth is expected to accelerate to 3.3 percent in July from 3.0 percent in June, while the annual rate of core consumer price growth is expected to hold at 4.8 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.