European markets open mixed, awaiting US inflation data; US April CPI due Wednesday.

European markets open mixed as traders await US inflation data: US April consumer price index (CPI) due Wednesday. Traders hope for no immediate return to rate hikes from the Federal Reserve despite recent hotter-than-expected inflation prints. Asian markets were mixed overnight, with China's CPI rising 0.3% y/y, beating expectations. India's inflation data to be released late Monday.

May 13, 2024
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