(RTTNews) – French stocks are turning in a mixed performance in cautious trading on Wednesday amid persisting concerns about the impact of the ongoing Middle East conflict. Rising oil prices have raised inflation concerns and the possibility of rate hikes by the European Central Bank.
Some analysts are of the view that the ECB may raise interest rate twice this year.
Oil prices, which had tumbled on Tuesday, moved up today as the fighting in Iran continued to rage on, with the U.S. and Israel exchanging air strikes with Iran acro