European Market Updates

European Shares Slide In Cautious Trade

European stocks were moving lower on Tuesday, as investors kept an eye on bond yields and awaited testimony from Federal Reserve Chair Jerome Powell later in the day where most analysts expect Powell to reiterate the Fed's commitment to maintain a dovish policy.

In economic releases, the U.K.'s unemployment rose to 5.1 percent in the three months to December, a five-year high, official figures showed earlier today.

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by RTTNews Staff Writer

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