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Bloomberg - Markets frames it as "Spain, France Inflation Data Boost Case for ECB Rate Hike". Manila Bulletin frames it as "PSEi sinks below 6,000 as MSCI rebalancing, rate hike weigh".

Open the source map: https://www.optics.news/story/spain-france-inflation-data-boost-case-for-ecb-rate-hike-story-437