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European stocks steady ahead of US inflation data; geopolitical risks in focus | live
By Ragini Mathur Aug 12 (Reuters) - European shares consolidated near record highs on Wednesday, as investors digested corporate earnings reports and awaited U.S. inflation data that could determine the interest rate path amid fresh geopolitical tensions. Brent crude futures rose 0.6% to $89.45 a barrel after attacks on shipping in the Middle East and fading hopes for an end to the Iran conflict. [O/R]
By Ragini Mathur Aug 12 (Reuters) - European shares consolidated near record highs on Wednesday, as investors digested corporate earnings reports and awaited U.S. inflation data that could determine the interest rate path amid fresh geopolitical tensions. Brent crude futures rose 0.6% to $89.45 a barrel after attacks on shipping in the Middle East and fading hopes for an end to the Iran conflict. [O/R]
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