Major European stocks registered losses ahead of Wednesday's session as investors awaited the latest batch of economic data from the United Kingdom. Before the opening bell, markets expect April's inflation and retail sales data. The previous day was marked by the IMF's report that the UK's economy will avoid recession this year.
London's FTSE 100 fell by 0.48% at 7:34 am CET, while Frankfurt's DAX declined by 0.53%. The CAC 40 in Paris lost 0.46%, and the pan-European Euro Stoxx 50 slid by 0.49%. The euro added 0.10% against the dollar to sell for 1.07812 at 7:41 am CET, while the pound rose 0.18% at the same time to reach $1.24333.
