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European and Asian stock markets opened lower on Monday morning, dragged down by US inflation fears

European and Asian stock markets opened lower on Monday morning, dragged down by US inflation fears

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Drawn by the fall of the New York Stock Exchange, Wall Street, on Friday, the Asian and European stock exchanges opened lower this Monday morning.

 

On Friday, June 10, the New York Stock Exchange ended the week in the red and finished lower following the publication of statistics showing the strength of inflation in the United States. Indeed, the increase in consumer prices accelerated again in May in the United States, gaining +1% over one month and +8.6% over one year. According to analysts, inflation in this country has reached a level not seen for 40 years.

 

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These findings had a direct effect on the New York stock market on Friday, which was reflected in the Asian and European stock markets at the opening on Monday 13 June.

 

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