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Market Update: European Futures Mostly Higher
Stock futures in Europe traded mostly higher on Wednesday, after ending at near record-high levels the day before, tracking positive sentiment in Asia while investors continue to assess the trajectory of inflation. The US core personal consumption expenditures price index, the Fed’s preferred inflation measure, is seen jumping to 2.9% in April from 1.8% in March. That would be the highest level since 1993. On the corporate front, Marks and Spencer and British Land earnings will be in the spotlight. Investors will also keep an eye on the third day of the Consensus conference, one of the crypto industrys biggest gatherings. [/s2If]
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