European stock markets are expected to open weak on Thursday amidst renewed concerns over inflation and the inflation combat by central banks. The higher-than-expected job openings data from the U.S that is perceived to increase the Fed's ability to pursue a hawkish monetary policy is also bound to impact market sentiment in the region. Renewed Covid curbs and the weak economic data from China are also likely to dampen investor sentiment across markets.
On Wednesday, European markets had traded mostly lower, amidst concerns over inflation and rate hikes. U.K.'s FTSE 100 had dropped 0.88 percent whereas the pan-European Stoxx 600 declined 0.67percent. France's CAC 40 had declined 0.19 percent while Switzerland's SMI had moved down 0.11 percent. Germany's DAX however had added 0.53 percent.
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