European stocks are expected to open lower on Tuesday as investors gear up for the latest U.S. inflation reading on Wednesday.
last Friday which showed that the economic downturn worrying investors has not yet arrived.
The jobs report, while good for the economy, could embolden the Federal Reserve to continue its aggressive rate hikes in the coming months to fight persistently high inflation. It will bewith a slew of U.S. earnings from major banks and the latest consumer inflation reading coming up this week. There are no major earnings releases in Europe on Tuesday. Data releases include the ZEW economic sentiment index for July from Germany.
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