Major European stock markets closed lower on Tuesday as investors prepare for the latest US inflation data to be released tomorrow.
The highly anticipated figure will give an idea of how monetary policy at major banks around the world should move in the near future.
At the close, the German DAX lost 1.26%, with Rheinmetall AG being the worst performer, down 6.24%. The French benchmark CAC 40 fell 0.87%, while Thales decreased by 4.61%. The FTSE 100 declined by 0.16%, as BAE Systems dropped by 4.58%. Finally, the pan-European Euro Stoxx 50 decreased by 0.73%, and Airbus Group was leading the losses, declining by 3.41%.
At 5:28 pm CET, the euro was down by 0.06% against the dollar, selling for $1.08528. In comparison, the pound grew by 0.11% to go for $ 1.26685 at the same time.
