A look at the day ahead in European and global markets from Anshuman Daga
across China following strict coronavirus curbs fuel risk-off sentiment and batter stocks, while pushing up the safe-haven dollar.in the country just as restrictions had become less onerous earlier this month and spurred expectations of a full reopening soon.European markets are likely to take a cue from the wave of red splashed across Asian markets on Monday, while investors will also scrutinise Wednesday's euro zone inflation data to see if the worst of the price surge is behind.
While economists at Citi expect headline inflation to post the first decline since mid-2020, driven by falling energy inflation, European Central Bank's top economic thinkers have beenThough U.S. inflation may be close to peaking, euro area price pressures remain strong. Inflation in the euro zone was 10.6% in October, more than five times the ECB's 2% target.Weak oil prices could however stem inflation in the near-term, with U.S.
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