European shares ease ahead of U.S. jobs data; euro zone inflation surges

Published by
Reuters UK

By Anisha Sircar (Reuters) -European shares slipped on Friday as investors awaited a key U.S. jobs report for clues on how fast the Federal Reserve will tighten its monetary policy, while data showed euro zone inflation surged to a record high in December. The pan-European STOXX 600 edged 0.3% lower. Travel and leisure stocks led losses with a 1.6% fall, declining for a second straight session, as several major European countries grapple with an Omicron-led surge in coronavirus cases. After hawkish signals from the Federal Reserve sent equity markets into a tailspin this week, all eyes are the…

Read More