1/31, 5:39 PM (Source: TeleTrader)
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Europe closes mostly higher after GDP, inflation data

European stock markets closed mostly higher on their first trading day of the week. Today's session was marked by tension in the east due to the Ukrainian crisis, as well as news about COVID-19. On the economic front, Eurostat post that The Eurozone's GDP increased by 4.6%, while Destatis stated that the inflation figure for Germany was below December's data but above the expected one.

The DAX surged 0.99% at the close, with Delivery Hero up 7.03%. The FTSE was flat, while Rio Tinto decreased by 3.73%, and the CAC 40 jumped 0.48%, as Dassault Systemes rose by 2.82%.

The euro was improved by 0.46% against the dollar at 5:30 pm CET, selling for $1.12012, and the pound rose by 0.19% compared to the greenback to go for $1.34216.

Baha Breaking News (BBN) / JG