European stocks set to open higher as euro zone inflation turns negative

Britain's FTSE 100 is seen climbing 40 points to 5,892, Germany's DAX is up 54 points at 13,015 and France's CAC up by 24 points at 4,959, according to IG index data.

Meanwhile, core inflation — which strips off volatile items such as energy prices — sank to 0.4% year on year in August from 1.2% in July, the lowest reading since records began in 2001. In corporate news, Unilever said on Wednesday it would spend 1 billion euros to eliminate fossil fuels from its cleaning products by 2030. The move is aimed at cutting down on carbon emissions created by the chemicals used in making the products, according to Reuters.

Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.

BigThings are a comin’!

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Buffet's bet on Japan could turn on higher inflation, weakening dollarBerkshire Hathaway Inc's $6.2 billion foray into Japan's five largest trading houses may signal billionaire Warren Buffett's expectation that inflation and a falling U.S. dollar may make international equities more attractive when economies worldwide recover from the coronavirus pandemic. He isn't betting on Japan. He's betting against America. I'm betting China. 😲
Source: Reuters - 🏆 2. / 97 Read more »

VAT cut pushes German inflation into negative territoryGerman annual consumer prices fell for the first time in more than four years in August due to a VAT cut as part of the government's stimulus push to help Europe's largest economy recover from the coronavirus shock, data showed on Monday. 'Desperate times ....'
Source: Reuters - 🏆 2. / 97 Read more »