European Bags Close in Opposite Directions with High Oil on the Radar
Category: Financial
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Europe's main stock indices closed in opposite directions on Tuesday (8), but close to stability, with the weight of new tensions in the Middle East over the weekend, which boost oil prices back to $100 per barrel and rekindle inflationary fears among investors. Europe is particularly sensitive to the unfolding conflict, as it depends on the import of energy from the region. At the close, the pan-European index Stoxx 600 closed close to stabilit…
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