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12/1/2022, 5:36 PM (Source: TeleTrader)
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Europe mixed at close after data, oil gains

Major European stock indexes closed mixed on Thursday as unemployment in the Eurozone dropped to a record low in October, per data published earlier today and the euro hit a new five-month high against the dollar. Investors also took note of Fed's Michelle Bowman's statement that slowing down the pace of the interest rate hikes this month would be appropriate. The prices of oil futures also extended gains, with WTI going above 3%.

The DAX went up 0.48% at the closing bell, as Zalando jumped 3.87%. The CAC 40 was mostly flat, gaining 0.08%, as Capgemini increased by 4.53%. The FTSE 100 plunged 0.20% at the close, as Rolls-Royce Holdings dragged the index down by 4%.

The euro was up 0.84% against the dollar at 5:33 pm CET, selling for 1.04935. The pound traded 1.61% higher versus the greenback, going for 1.22560 a minute later.

Baha Breaking News (BBN) / MX