The US Consumer Price Index data, due at 12:30 GMT, follows a report released last week that showed strong jobs, dampening hopes that the US Federal Reserve will cut interest rates. short-term interest.
Markets expect U.S. core CPI, which excludes volatile food and fuel prices, to rise 5.5% year-on-year, down slightly from the 5.0 percent rise. 6% of the previous month.
market performance
The pan-European Stoxx 600 index was up 0.1% at 0704 GMT.
Credit Agricole jumped 3.8% after France’s second-biggest listed bank beat its first-quarter profit estimates, boosted by trading revenue.
Siemens Healthineers fell 5.3% as the medical device maker said it would end its cardiac surgery robotics business after its quarterly operating profit fell 30%.
Orphan Biofitram fell 15.3% to become the biggest loser on the Stoxx 600 index, after the Swedish drugmaker announced it had agreed to make a $1.7 billion bid for the company American CTI Biopharma.
Read the Latest World News Today on The Eastern Herald.
