European markets closed slightly lower after the Christmas break, as the World Bank revised China's growth forecasts upward.
European markets reopened after the Christmas holiday, with the Stoxx 600 index initially rising 0.2% but closing 0.1% lower. The World Bank raised China's growth forecasts for 2024 and 2025, though it warned of continued economic challenges there. Asian markets were mixed, reacting to Chinese data and Japanese inflation figures. Spain and Norway are set to release their November retail sales figures.
3 months ago
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