European Shares Set to Ease on Inflation Worries

European equities were set to fall on Thursday, easing after reaching a four-month closing high in the previous session, as the rise in the oil price to yet another record high sparked fresh concerns over inflation.

Financial shares will be under pressure after a sell-off on banking stocks on Wall Street overnight.

Financial bookmakers, or spread betters, in London expected Britain's FTSE 100 index to open between 25 and 26 points lower, the German DAX down 39 to 49 points, and the French CAC 40 down 27 to 38 points.

Investors will also remain cautious ahead of interest rates decisions by both the Bank of England and the European Central Bank expected later in the session.