Europe closes mostly lower eyeing inflation reports - Breaking The News
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Europe closes mostly lower eyeing inflation reports

UNSPLASH.COM/CLEMENS VAN LAY

Most major European indices ended Monday's trading session lower as investors awaited inflation data from the United States, the United Kingdom, France, and Spain later this week. Additionally, market participants geared up for the release of gross domestic product reports for both the euro area and the UK, as well as the unemployment rate for the UK and industrial production figures for the euro area.

The German DAX was flat at the closing bell. The British FTSE 100 traded 0.52% higher with Bt Group PLC increasing 8.43% a minute later. On the other hand, the Euro Stoxx 50 decreased by 0.07% and the French CAC 40 lost 0.26% as Kering SA worsened by 1.85%.

The euro traded 0.19% above the dollar going for 1.09369 at 5:29 pm CET. The pound was also 0.12% higher than the greenback, going for 1.27789 simultaneously.

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