European stocks hover near lows amid inflation worries
The European stock market report remains close to its lowest levels since early August amid concerns over persistent inflation and the ongoing increase in global interest rates, following continued statements from officials at the Federal Reserve and the European Central Bank indicating the continuation of monetary tightening. The rise in global bond yields and the slowdown in maritime traffic in the Gulf have added additional pressure on the markets, as investors flock to sell high-risk assets, while US authorities have attempted to support the market by injecting extra liquidity.
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