European shares inch lower as data-heavy week looms


Comments from ECB Chief Christine Lagarde at the central bank's first policy meeting for the year on Thursday will also be a point of interest. The bank is expected to keep the deposit rate unchanged after cutting it in September for the first time since 2016.

BENGALURU: European shares retreated from recent peaks on Monday as investors paused before launching into a week packed with economic data and the European Central Bank's first policy meeting of the year. Wall Street was closed.

The pan-European STOXX 600 index was down about 0.1%, after ending at a record high on Friday on optimism around U.S.-EU trade talks. Market activity was thin because of a holiday in the United States.

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