European markets open high as inflation data looms

Source: WBP Online
© AP
European stocks opened strong as the positive sentiment spilled over from global bourses. The DAX 30 index gained 0.5% and showed 10 005.89 points, whilst the FTSE 100 rose 0.4% to trade at 6 177.03 points, awaiting news on the UK inflation data in April. The consumer price index is anticipated to grow 0.3% on a monthly basis in April, which indicates a 0.5% year-on-year increase.

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