European markets set to drop sharply at the open following U.S. sell-off

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European stocks awaits to open sharply lower following losses that saw the Dow Jones notching its first decline of 2022.

European markets are set to follow their Asia-Pacific counterparts lower following losses in the U.S. during Wednesday’s trading session.

The Fed’s plan to reduce number of Treasury’s and mortgage-backed securities and sets to hike interest rates.

Data releases in Europe on Thursday include German industrial orders for November and euro zone producer prices for the same month.

– CNBC

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