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European Shares Seen Lower Amid Rate-hike Uncertainty

November 23, 2021

European stocks are likely to open lower on Tuesday as inflation and rate-hike concerns dominate headlines.

Doubts about whether the Bank of England will raise interest rates in December and concerns over the spread of Covid-19 in Europe may also weigh on sentiment ahead of the U.S. and Eurozone manufacturing and service data due out later in the day. Further, the Fed minutes from its latest meeting, U.S. GDP and initial jobless claims data will be released on Wednesday ahead of Thursday’s Thanksgiving holiday.

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