Europe closes mixed after Eurozone GDP data - Breaking The News
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Europe closes mixed after Eurozone GDP data

EPA-EFE/MAURITZ ANTIN

European stock exchanges closed mixed on Tuesday after Eurozone fourth-quarter economic growth figures came in higher than projected and the International Monetary Fund raised its global GDP forecast. In addition, market participants looked into German jobs and retail sales data, United Kingdom mortgage approvals, as well as corporate earnings reports by UBS, UniCredit and Spotify.

The DAX and the CAC 40 were flat at the end of trading. The FTSE 100 closed 0.17% lower with Ocado Group falling 4.75%. The EURO STOXX 50 closed with a 0.12% increase. Intesa Sanpaolo gained 2.82% as the best performer.

The euro was 0.19% higher than the dollar at 5:35 pm CET, trading at 1.08675. The pound was down 0.24% compared to the American currency, going for 1.23190 at the same time.

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