Major European stocks ended Tuesday's session in the red territory as investors observed the visit made today by United States House Speaker Nancy Pelosi to Taiwan despite China's warnings not to do so.
The tensions could shake markets worldwide, with China announcing military exercises encircling Taiwan later this week. Meanwhile, the Bank of England was preparing to announce its newest interest rate decision on Thursday.
The DAX declined 0.23% at the closing bell and the CAC 40 lost 0.42%, while the FTSE 100 ended flat. The euro declined 0.54% against the dollar to sell for 1.02071 at 5:40 pm CET, while the pound fell 0.21% to $1.22237.
