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European Shares Seen Higher As Lower Oil Prices Ease Inflation Fears

Pi Si198822228
Published on 2026-11-02 05:43:00
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European Shares Seen Higher As Lower Oil Prices Ease Inflation Fears

European stocks are seen opening broadly higher on Monday as inflation concerns eased ahead of U.S. midterm elections.

Speaking at a campaign rally in Dubuque, lowa, U.S. Donald Trump has renewed his threat to strike Iran but claimed that U.S. military action had destroyed Iran's nuclear capabilities and the conflict would end soon.

In a report published on November 1, Radio Free Europe quoted Trump as saying that the United States still needed to deal with one or two Iranian targets.

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Market Analysis

October 30, 2026 14:47 ET The final week of October was busy as major central banks took the centre stage to announce their latest policy decisions, while the ECB had more revelations in store. Apart from the central bank action, the U.S. economics news flow was dominated by the third quarter GDP estimates and price data. Europe and the Asia-Pacific also saw the release of the flash estimates for third quarter economic growth from several economies during the week.

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