© Reuters
Investing.com – European stock markets traded in a mixed fashion Wednesday, with investors struggling to build momentum ahead of the week’s key inflation data.
At 03:00 ET (08:00 GMT), the in Germany traded 0.1% higher, while the in France traded down 0.2% and the in the U.K. fell 0.3%.
European stocks have had a good November, with the benchmark on course for its best monthly performance since January.
ECB comments limit gains
However, these gains have largely stalled of late in the wake of hawkish comments from a number of senior ECB officials over the future path of interest rates.
Bundesbank chief Joachim Nagel said on Tuesday the European Central Bank may need to raise interest rates again if the inflation outlook worsened, while ECB President Christine Lagarde said on Monday the bank’s fight to contain price growth was not yet done.
Data on is due on Thursday, which could provide context for these comments.
Ahead of this, Germany’s most populous state, North Rhine Westphalia, saw consumer prices fall 0.3% on the month in November, a larger drop than expected, with the annual figure rising 3.0%, a significant slowing from 4.2% the prior…
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