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European stock markets displayed mixed movements following the release of US inflation data on Wednesday, as investors reassessed the Federal Reserve’s (Fed) next interest rate decision and turned their focus towards the European Central Bank’s (ECB) upcoming rate announcement later today. On Wednesday, the Euro Stoxx 600 index ended flat after fluctuating throughout the session, while the DAX closed higher. The euro came under pressure against the US dollar as major European government bond yields declined, whereas US Treasury yields edged upwards. In contrast, Wall Street saw a tech-driven r…

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