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المشهد العربي
European stocks fall for seventh straight session
European stocks are experiencing a continuous decline for the seventh consecutive session, due to rising concerns over inflation caused by increasing oil prices and tensions in the Middle East. The "Stoxx 600" index fell by 0.12%, while indices such as the "FTSE 100" and "CAC 40" remained largely unchanged. Data from Germany showing a 3% rise in producer prices in July heightened inflation fears, along with hints of an improvement in corporate earnings forecasts to 24.1%. Meanwhile, the "SpaceX" stock declined, U.S. unemployment benefit claims decreased, and the U.S. Treasury made statements about surpassing the debt ceiling for bond repurchase programs. This all occurred alongside a drop in major company shares and an increase in bond yields.
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