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Headlines
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JPMorgan reiterates ‘overweight’ on Ocado, lifts price target
JPMorgan reiterated its ‘overweight’ rating on Ocado on Wednesday and lifted the price target to 290p from 245p as it continues to view the risk/reward as "highly attractive".
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German inflation picks up in July as energy costs surge
Germany's consumer price index rose 0.8% month‑on‑month and 2.8% year‑on‑year in July, with Destatis confirming provisional estimates and that inflation pressures had intensified yet again.
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Europe open: Shares mixed on Houthi Red Sea attack, upcoming US data
European shares opened higher on Wednesday as traders assessed an attack on a cargo ship in the Red Sea by Iran-backed Houthi rebels that killed six people and awaited key inflation data from the US.