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المشهد العربي
European Shares Fall on Bond Yield Rise
European stocks declined during yesterday’s trading session, amid rising yields on sovereign bonds in the Eurozone and the United Kingdom, driven by economic data that raised concerns over increasing inflationary pressures. Retail sales in Britain unexpectedly increased by 0.5% in August, compared to an anticipated decline of 0.2%, while German producer prices rose by 4.6% annually in August, exceeding expectations. The market was affected by these figures, with the STOXX Europe 600 closing down by 0.20%, the British FTSE 100 also declining, as well as the German DAX and the French CAC 40, which fell by 0.35% and 0.45%, respectively.
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