European Closes: Euro Stoxx 50 -0.05% at 5,953, Dax 40 +0.01% at 24,859, FTSE 100 -0.07% at 10,143, CAC 40 -0.07% at 8,143, FTSE MIB -0.58% at 44,832, IBEX 35 -0.67% at 17,544, PSI -0.54% at 8,558, SMI -0.72% at 13,149, AEX -0.01% at 1,000

European markets closed largely mixed, with notable declines in the FTSE MIB and IBEX 35, suggesting underlying concerns in these regions.

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[MARKET UPDATE] Broad USD weakness continues, DXY hits new lows, GBP & AUD outperform; USD/JPY set to revisit earlier lows; newsflow remains light

European Closes: Euro Stoxx 50 -0.05% at 5,953, Dax 40 +0.01% at 24,859, FTSE 100 -0.07% at 10,143, CAC 40 -0.07% at 8,143, FTSE MIB -0.58% at 44,832, IBEX 35 -0.67% at 17,544, PSI -0.54% at 8,558, SMI -0.72% at 13,149, AEX -0.01% at 1,000

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Context

The slight drop in the Euro Stoxx 50 reflects a cautious sentiment ahead of the US session, which could be influenced by macroeconomic factors or earnings reports. Traders should monitor how these movements could impact broader risk sentiment and sector rotations tonight.

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