European stocks rebound amid falling stagflation fears
European equities are expected to perform strongly in the second half of the year, supported by a 30% drop in oil prices over the month and a reduction in energy supply risks following the preliminary agreement between Washington and Tehran regarding the Strait of Hormuz. This improvement boosts expectations of better economic growth and a decline in inflation pressures, although some caution remains about the impact of high energy costs on economic activity.
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