Stocks fall, dollar gains as US inflation prompts 100 bps hike bets
LONDON, July 14 (Reuters) – European shares dropped in early trading on Thursday and the safe-haven dollar was up after the latest red-hot US inflation reading increased investor caution about Federal Reserve rate hikes. Wednesday’s data showed US consumer prices jumped 9.1% year-on-year in June, up from May’s 8.6% rise. read more The data was … Read more