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Stock indices sank due to concerns over escalating violence in Iraq. The violence in Iraq could lead to disruptions in the oil supplies in OPEC’s second-biggest oil producer. Brent oil increased 0.3%.
Eurozone’s harmonized consumer price index declined 0.1% in May, meeting expectations, after a 0.2% gain in April. On a yearly basis, harmonized consumer price index in the Eurozone climbed 0.5%, as expected.
The core inflation (excluding energy and food) in the Eurozone rose 0.7%, in line with forecasts.
Name Price Change Change %
FTSE 100 6,760.07 -17.78 -0.26%
DAX 9,887.92 -24.95 -0.25%
CAC 40 4,522.02 -21.26 -0.47%
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