European markets were muted on Tuesday, with concerns about the global economy high on the agenda at the World Economic Forum in Davos this week.
The pan-European Stoxx 600 nonetheless climbed from earlier loss to close 0.3% higher provisionally, with mining stocks leading gains, up 1%. It is the fifth straight session of gains for the index, which is up more than 6% in the year to date.
CNBC spoke to a range of delegates at the forum on Tuesday, including the leaders of Spain, Latvia, Lithuania and Poland and the CEOs of Unilever, UBS, Allianz, Swiss Re and many others. Follow our coverage here.
Concerns over the direction of the global economy, persistent inflation, fragmentation and sluggish growth are high on the agenda, as well as the war in Ukraine
Investors also digested a slew of Chinese economic data that was released overnight, including figures showing the nation’s gross domestic product grew by 3% in 2022, marking one of the slowest growths in decades.
