European stocks expected to open lower ahead of US inflation data, with concerns about tariffs

From Nasdaq: 2025-03-28 01:44:00

European stocks are expected to open lower as traders anticipate February’s personal consumption expenditures price index. US Federal Reserve’s preferred readings on consumer price inflation show a 0.3% rise in February. Eurozone economic sentiment survey results, Germany’s GfK consumer confidence survey data, and UK GDP and retail sales data will be released. The dollar weakened due to concerns about tariffs and the euro rose on Ukraine peace hopes. Asian markets were mostly lower. Gold extended gains, oil prices dipped slightly. US stocks ended lower, with the Nasdaq, Dow, and S&P 500 all down. European shares also fell after US announced tariffs on auto imports.



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