Doha: European stocks edged lower on Friday as investors awaited key eurozone indicators and a US inflation report for signals on the timing of potential US interest rate cuts. The pan-European STOXX 600 index slipped 0.2% to 552.41 points, putting it on track for its first weekly loss in a month.
According to Qatar News Agency, markets broadly expect the US Federal Reserve to begin cutting rates in September, with traders closely monitoring upcoming economic data for confirmation of that outlook.