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European shares set to inch higher as investors monitor recovery, tapering fears

European shares set to inch higher as investors monitor recovery, tapering fears

6/25/2021 9:38:00 AM

European shares set to inch higher as investors monitor recovery, tapering fears

European stocks are set to open slightly higher on Friday, tracking global sentiment as investors place faith in the prospect of a steady economic rebound.

Meanwhile theBank of England on Thursdayforecast inflation surpassing 3% at its peak before cooling down, but insisted the spike above its 2% target would be transitory and kept its monetary stimulus at full throttle.Germany's GFK consumer sentiment index, published before the bell Friday, showed consumer confidence in Europe's largest economy rising to -0.3 points heading into July, vastly outstripping a consensus forecast of -4.0, and up from -6.9 the previous month.

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- CNBC's Maggie Fitzgerald contributed to this report. Read more: CNBC »

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Vice President Kamala Harris to visit U.S.-Mexico border on FridayU.S. Vice President Kamala Harris will visit the U.S.-Mexico border on Friday for the first time since taking a lead role in immigration issues, her office said, bowing to pressure that she make the high-profile trip. WOW!!! Never thought it would happen. I wonder if AOC will accompany her to cry at the detention camps again...

Kamala Harris to Visit U.S.-Mexico Border on FridayThe vice president will travel to El Paso, Texas, with Homeland Security Secretary Mayorkas amid a surge in migrants seeking to enter the U.S. Right on time! Why?

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Harris, under GOP pressure to visit border, headed to El Paso on FridayVice President Kamala Harris, under GOP pressure to visit the southern border to deal with the migration problem, is headed to El Paso on Friday, her office said. 自称副大統領👎 It’s pretty bad GOP has to even “pressure” her since she was put in charge of the border crises but has yet to make a visit.

Here’s how much bitcoin is worth, says JPMorgan, as crypto faces this summer headwindStocks are set to continue inching higher on Thursday, as markets relax about inflation risks and exact details of what’s coming from the Federal Reserve.... Bitfinex is the biggest SCAMMER in the world! Tether SCAM will impact all cryptocurrencies not just BTC It's just matter of time before other officials will put an end to Tether and Washtrading SCAMS run by cryptoexchanges. JP Morgan ... Seems stuck in marshy waters of crypto .... Greedy Morgans. AYA fintech network platform provides proprietary alpha stock signals and personal finance tools for U.S. stock market investors.

European shares strain for momentum even after Powell reassuranceWorld shares edged higher and the bond market calmed on Wednesday after reassurances from U.S. Federal Reserve Chair Jerome Powell that the Fed is not rushing to hike rates but European stocks struggled to gain momentum.