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Global Market: European stocks gain ahead of key US inflation data

Economic Times Markets
Global Market: European stocks gain ahead of key US inflation data
Economic Times Markets

European stocks edged higher on Friday but remained headed for their worst weekly performance since April as rising bond yields and inflation concerns weighed on sentiment. Investors are awaiting US inflation data for clues on the Federal Reserve’s rate path, while oil prices above $100 and a hawkish ECB outlook add pressure.

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Quote of the day by Dean Williams: "Expertise is great, but it has a bad side effect. It tends to create an inability to accept new ideas"

Expertise can sharpen judgment but also create resistance to new ideas. For investors, relying too heavily on established beliefs can obscure market realities. Staying curious, testing assumptions and welcoming contradictory evidence helps investors adapt, reconsider decisions and avoid costly overconfidence.

Source: Economic Times Markets

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