Europe closes mostly lower after latest data - Breaking The News
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Europe closes mostly lower after latest data

EPA-EFE/NEIL HALL

Major stock equities in Europe ended Wednesday's trading session mostly lower as investors assessed the fresh batch of economic indicators from the Eurozone area and the United Kingdom which showed little change compared to previous reports. Additionally, markets are bracing for the long-awaited United States Federal Reserve decision on interest rates which will be announced on Wednesday.

The United Kingdom's FTSE 100 declined by 0.68% with Jd Sports Fashion PLC slumping 5.95%. Germany's DAX remained flat. France's CAC 40 was down 0.47% after LVMH Moet Hennessy Louis Vuitton lost 1.94%. The Euro Stoxx 50 lost 0.49% in the wake of Wolters Kluwer NV falling 2.15%.

The euro gained 0.07% against the dollar at 5:29 pm CET going for $1.11210, while the pound sterling added 0.35% compared to the dollar, selling for $1.32080.

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