Europe closes lower with all eyes on data - Breaking The News
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Europe closes lower with all eyes on data

EPA-EFE/GUILLAUME HORCAJUELO

European stock markets continued to decline towards the end of the trading session on Monday, in anticipation of upcoming reports concerning Germany's inflation, the UK's unemployment rate, and the economic sentiment of the Eurozone, scheduled for release on Tuesday.

Investors also eagerly awaited the release of inflation data from Germany on Tuesday and the United States on Wednesday.

The German DAX lost 0.16% and the Euro Stoxx 50 decreased by 0.12% as Deutsche Boerse NA sank by 2.43% at 5:35 pm CET. The UK's FTSE 100 dipped by 0.22%, as Bae Systems plummeted by 3.23% at the close. France's CAC 40 closed 0.12% lower with Sanofi SA down 1.72%.

The euro added 0.17% against the dollar at 5:32 pm CET, selling for 1.07911. The pound was 0.23% up compared to the US currency, changing hands for 1.25543 simultaneously.

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