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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Eurozone inflation declined in June as cooling energy prices increased the likelihood that the European Central Bank will refrain from raising its key interest rate this month. A jump in energy company profits is forecast to drive European blue-chip earnings growth in the second quarter. Energy sector growth is expected to overshadow far weaker gains across the rest of the European market. The EU plans to offer carbon market flexibility to address concerns regarding industrial sector competitiveness.