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European stocks fell and bond yields rose after UK inflation data raised doubts about the timing of interest rate cuts by the Bank of England. The pan-European Stoxx 600 index slipped 0.4% and Britain's FTSE 100 shed 0.3% in response to the data. The figures also reinforced concerns about global inflation pressures, preventing central banks from easing policy as anticipated. [Extracted from the article]

European stocks fell and bond yields rose after UK inflation data raised doubts about the timing of interest rate cuts by the Bank of England. The Stoxx Europe 600 slipped 0.3%, with the FTSE 100 underperforming. Bond yields across Europe and US Treasury borrowing costs also rose. The data suggests that inflation pressures globally remain sticky, potentially delaying central bank easing cycles. [Extracted from the article]

Stocks rallied as investors reacted positively to lower-than-expected inflation rates in the US and UK, suggesting that central banks may not raise interest rates as aggressively as previously anticipated. The Stoxx 600 Index in Europe rose by 0.6%, while the FTSE 100 index in London advanced by over 1%. The pound slipped after UK inflation slowed more than forecast, leading to optimism that the Bank of England may halt its rate hikes. Investors are now awaiting data on US retail sales and producer prices, which could impact expectations for future rate cuts. [Extracted from the article]

(Bloomberg) -- On a day when losses were cascading across global markets, the UK stood out as the worst of the worst. Confidence in UK market vanished on Friday as the pound plunged below $1.09 and gilt yields skyrocketed. [Extracted from the article]