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Oil rally revives inflation fears, dragging European stocks lower

Bloomberg ·
  • The FTSE 100 fell and led European stocks lower as rising oil prices drove bond yields higher and revived inflation concerns.
  • Swiss inflation quickened to a two-year high, driven by stronger oil prices and a weaker franc, though the level remains low relative to the rest of Europe.
  • India's Finance Ministry warned that geopolitical tensions, volatile oil prices and supply-chain disruptions threaten the country's strong growth and investment outlook.

引述

“The FTSE 100 fell, leading European stocks lower as rising oil prices drove bond yields higher and revived inflation concerns.”— Bloomberg
“Switzerland’s inflation rate rose to the highest level in two years as stronger oil prices and a weaker franc fanned price pressures”— Bloomberg
“India’s strong economic growth faces risks from geopolitical tensions, volatile oil prices and disruptions to global trade and supply chains”— India's Finance Ministry

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