India, Sept. 11 -- European stocks may struggle for direction at open on Friday as rising energy prices and Treasury yields added to concerns about the outlook for interest rates.
As inflation risks increase due to the conflict in the Middle East, traders are bracing for interest rate hikes well into next year.
The outlook remains highly uncertain, with risks tilted upward for inflation and downward for growth, European Central Bank (ECB) President Chritine Lagarde warned Thursday after raising three key interest rates by 25 basis points.
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