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STOXX muted ahead of inflation figures



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STOXX MUTED AHEAD OF INFLATION FIGURES

The STOXX 600 .STOXX is adding 0.1% as markets stay fairly muted ahead of closely-watched U.S. and European inflation data that will drop later.

The top faller is British retailer JD Sports .JD.L, which down 10.5% after reporting a 6.4% fall in like-for-like sales in Q1.

Online betting firm Flutter FLTRF.L is also down 5.5% after saying it will replace its CFO.

France's Capgemini CAPP.PA is off by 4.5% after a few broker downgrades, while British utility CNA.L is up 3.3% after a broker upgrade.

Primark-owner AB Food ABF.L is down 3.1% after a shareholder sell-down.

The best-off sector is telecoms .SXKP, rising 0.9% with Spain's Cellnex CLNX.MC helping out, up 1.9%.

Travel & leisure stocks .SXTP are providing a drag, down 1.1%

(Lucy Raitano)

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EARLIER LIVE POSTS ON FRIDAY:

FUTURES SIGNAL LACKLUSTRE OPEN AHEAD OF INFLATION DATA CLICK HERE

INVESTORS HOLD THEIR BREATH FOR INFLATION DATA CLICK HERE


ECB all but certain to cut rates for first time since 2019 https://reut.rs/3x3Oey3

Traders slash ECB rate cut bets after wages rise https://reut.rs/3R8iXAV

Asian stocks YTD performance vs peers https://tmsnrt.rs/3V6Wllo

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