European shares traded lower on Friday and were set for weekly losses as a continued rise in crude prices amid an escalating conflict in the Middle East fueled inflation worries and reduced expectations of near-term Federal Reserve rate cuts.
In economic releases, the U.K. economy logged no growth in January, as growth in construction was offset by contraction in industry and flat services activity, the Office for National Statistics reported.
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Market Analysis
European Shares Retreat On Inflation Concerns
2026-03-13 09:06:26
