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Global Stock Markets: Weak Growth and Inflation
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European Stock Market Mixed
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European stock markets trade marginally lower due to weak German growth data, European stock futures open higher as investors await key US inflation reading, European stock futures lower as German annual inflation retreats, European stock markets mixed with German industrial production slumping, and oil prices remain near highest levels since mid-April after Saudi Arabia and Russia announce extending output cuts.
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How might the global stock markets' mixed performance and the extension of output cuts by Saudi Arabia and Russia affect the global economy?
How might the weak German growth data impact the European stock markets in the long term?
What are the potential implications of the US inflation reading on the Federal Reserve's next steps?
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