Stocks look for direction this morning

UK and European stocks are trading a little higher this morning after positive US data data on Thursday.

Stocks look for direction this morning

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Stocks are looking for direction today with little market-moving information available until the end of the week. Friday sees the release of US jobs data, particularly in focus with inflation such a key issue right now. Upcoming Fed and ECB meetings will also be in focus.

Worth noting today is German retail sales data which fell by more than expected from a month earlier, the first decline in three months.

 

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