European stocks subdued as oil prices lift inflation risk
European shares were subdued Monday as rising oil prices after fresh U.S.-Iran attacks stoked inflation concerns, reinforcing expectations of an ECB rate rise later this week. STOXX 600 fell 0.1% to 649.17 points by 0711 GMT.
-Iran attacks stoked inflation concerns and reinforced expectations that the European Central Bank could raise interest rates later this week. 17 points by 0711 GMT.