European equities fall ahead of important data fromarea of the euro and from America

European equities fell on Friday as cautious investors awaited US employment data and euro zone inflation for indications of the pace of monetary policy tightening by major central banks.

In trading morning, the pan-European Stoxx 600 index fell 0.2%. The chemicals and travel sectors came under pressure and fell for the second consecutive session.

All eyes are on Eurozone inflation data and US employment data after indications from the Federal Reserve on tightening of monetary policy caused turmoil in equity markets this week.

Deutsche Bank shares jumped 2.7% to the highest level in more than six months. The director of financial operations of the German bank told the Handelsblatt newspaper in an interview that the company is confident of reaching its profit target quest’year.

ST Microelectronics’ Franco-Italian shares were up 3.7%, outperforming the Stoxx 600 index, after fourth-quarter earnings figures were slightly above expectations announced at the end of October amid a crisis in the economy. global offer.

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