European markets set for muted open with inflation data, earnings on the agenda

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European markets set for muted open with inflation data, earnings on the agenda
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European markets are set for a lackluster open on Wednesday as investors await inflation readings from the euro zone and continue to monitor corporate earnings releases.

were little changed in early premarket trading on Wednesday as investors geared up for earnings reports from big-box retailers Target and Lowe's. Markets stateside received a boost on Tuesday from strong retail sales data and industrial production figures.

Back in Europe, investors will be monitoring a raft of inflation data from the U.K. and the euro zone on Wednesday morning, looking for clues as to how central banks will move in the coming months.

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