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European stocks fall for second day as euro rises

Investors think stronger eurozone inflation may compel the European Central Bank to raise interest rates

European stocks fall for second day as euro rises

European stocks posted mild losses Friday, with investors pushing up both the euro and the pound against the dollar following top-tier economic data for the eurozone and the UK, but remained on track to finish April trade with gains, MarketWatch reports.

The Stoxx Europe 600 index fell 0.2% to 386.98, set for second straight day in negative territory. The benchmark on Thursday broke a six-session win streak after the European Central Bank offered no surprises at its policy meeting, while a drop for Deutsche Bank also weighed.

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