German stocks edged lower on Friday as stronger-than-expected U.S. inflation data revived bets for one more U.S. rate hike this year.
Also, China's consumer prices faltered in September and factory-gate prices shrank slightly faster than expected - fanning concerns about persistent deflationary pressures in the world's second-largest economy.
Escalating tensions in the Middle East also weighed on sentiment. Ahead of an expected ground invasion against the ruling Hamas militant group, Israel's military told some 1 million Palestinians living in Gaza to evacuate the north, according to the United Nations.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com