Economic TimesLean R·
Global Market: European shares dip as oil surge fuels inflation fears ahead of ECB meeting
European shares dipped slightly as oil prices climbed due to escalating US-Iran tensions. This surge revived inflation concerns and impacted investor sentiment ahead of key economic events. Energy stocks performed well, while travel and leisure shares faced pressure from higher fuel costs. Technology stocks saw gains as investors anticipated major US company earnings reports. Markets also await the European Central Bank's policy decision this week.
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