8/9, 9:03 AM (Source: TeleTrader)
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Europe opens mostly flat ahead of inflation reports

Major stock market indexes in Europe opened mostly flat on Tuesday ahead of the newest reports on national inflation that several members of the Eurozone, most notably Germany and France, will publish later in the week. Meanwhile, the conflict in Ukraine continued, with Russia claiming that 61 ships carrying grain are stuck due to Kiev's lack of effort.

The DAX and the FTSE 100 stood flat at the opening. Meanwhile, the CAC 40 dropped by 0.15% as Sanofi SA declined by 1.56%.

Both the euro and the pound sterling stood flat against the dollar at 8:58 am CET, selling for $1.02008 and $1.20824, respectively.

Baha Breaking News (BBN) / JR