Europe closes mixed with data, EC budget in focus

Tuesday, 08. June 2021 17:30

European stock markets finished trading mixed on Tuesday as investors analyzed today's data on European Union's GDP, and Germany's economic sentiment and industrial production. Additionally, the European Commission unveiled its €167.8 budget proposal for 2022. Meanwhile, the United Kingdom officially joined the OECD Arrangement on export credits.

The FTSE 100 was up 0.25%. while the CAC 40 grew 0.11%. Intermediate Capital Group plc was the best performer on the British index with a 5.94% rise, while Unibail-Rodamco-Westfield SE jumped 5.99% on the French. The DAX fell 0.23%, with Covestro AG losing 2.48%.

The euro was flat against the greenback at 5:29 pm CET, selling for 1.21804. The pound fell 0.26% at the same time, changing hands for 1.41456 dollars.

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Breaking the News / MD