LONDON—Shares slipped and the dollar hung off recent highs on Tuesday as investors eyed U.S. inflation data due a day later that will likely yield clues to any further aggressive Federal Reserve rate hikes.
The stakes are high for the July U.S. consumer prices report on Wednesday after an unexpectedly strong U.S. jobs data last week boosted expectations of a sharp interest rate increase to tackle soaring inflation.
The broader Euro STOXX 600 fell 0.6 percent, after logging its best session in nearly two weeks on Monday, with German stocks down 0.7 percent. Miners and autos, among top gainers a day earlier, led declines on Tuesday….