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EUROPE READY TO TAKE THE AIR (07:28 GMT)
European stocks look poised to catch their breath after yesterday’s substantial gains when investors applauded signs that Omicron may be less dangerous than initially feared.
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Markets fear that volatility will remain the winner until there is not a clear view of the ability of the new variant of the coronavirus to evade vaccines and transmit.
Attention is now slowly shifting to US inflation data due on Friday, which could give the Federal Reserve more reason to step up monetary tightening.
While European stock futures are lower, its US peers are in positive territory, with the Nasdaq poised to support tech stocks.
(Stefano Rebaudo)
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