European stocks fall on inflation fears, yen near 38-year low

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LONDON :European stocks fell on Thursday as traders were cautious ahead of key inflation data, while markets were also on alert for signs of Japanese authorities intervening in the yen after further declines in the currency.

The benchmark German 10-year yield was up 2 basis points at 2.466 per cent.

West Texas Intermediate crude futures were up 0.4 per cent at $81.25 per barrel.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaCanadaFranceGermanyItalyJapanSpain

Topics: Index London Cent Japanese Futures Traders Data Inflation Thursday Markets Authorities

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 16:54:41 (4 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 666 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21402167

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 39 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 54 minutes ago

Coverage Areas: Singapore

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Publisher ID: #27

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