European stocks lower amid OPEC+ meeting and a possible new deal in the grocery sector
Markets were closed for Independence Day Holiday.
Crude oil traded 0.2% higher at $75.27 a barrel.
Gold rose 0.5% to $1,792.85 per ounce.
Asia and Australia
Equities were mostly higher after the release of a slew of economic metrics in the region.
HongKong45 inched up 0.03%.
Japan225 was down 0.59% after services PMI for June came in higher-than-expected at 48.
Down under, Australia200 edged up 0.15% with better-than-expected month-on-month growth of retail sales – 0.4%. Moreover, the Reserve Bank of Australia is due to hand down its policy decision on Tuesday.
Stocks edged lower, with investors keeping a close eye on the oil market, while the prospects of a bidding war for Morrisons sparked interest across the UK grocery sector.
Brent oil rose 0.1% to $76.27 per barrel.
EUR/USD traded 01% higher at 1.1869.
Sources: investing.com, reuters.com
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