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European markets<\/span> were mostly higher on Friday despite the more cautious stances from the European Central Bank and the Bank of England.<\/p>\n ECB policymaker Francois Villeroy de Galhau told Boursorama television today that the next move should be lowering rates from record highs.<\/p>\n Commodity-related stocks surged after mixed economic data and positive signals from policymakers in China.<\/p>\n In economic releases, a survey showed the down in Eurozone business<\/span> activity deepened in December. <\/p>\n The HCOB Flash Eurozone purchasing managers’ index (PMI) published by S&P Global dropped to 47 from 47.6 in November.<\/p>\n Elsewhere, France’s consumer price inflation slowed in November but exceeded the initial estimate, final data released by the statistical office INSEE showed.<\/p>\n Consumer price inflation eased to 3.5 percent in November from 4.0 percent in October. The initially estimated rate was 3.4 percent.<\/p>\n The latest inflation figure was the weakest since January 2022.<\/p>\n The pan European STOXX 600 was up 0.3 percent at 478.01 after rising 0.9 percent to close at a 22-month high on Thursday. <\/p>\n The German DAX climbed 0.6 percent and France’s CAC 40 rose 0.3 percent while the U.K.’s FTSE 100 was marginally lower. <\/p>\n Symrise plunged nearly 9 percent after the German fragrance and flavour maker revised down its adjusted EBITDA margin target for the year. <\/p>\n Munich Re shares rose 1.4 percent. The reinsurance provider announced guidance for 2024, where it expects net profit of 5 billion euros, citing stable operational activities in all business segments.<\/p>\n Clothing major H&M Group gained 1 percent after reporting a rise in its preliminary net sales for the full year.<\/p>\n Swedish technology<\/span> firm Sectra jumped over 15 percent after reporting better-than-expected second-quarter results.<\/p>\n Italian spirits group Campari lost 3 percent after it agreed to buy historic French cognac house Courvoisier from Beam Suntory for an initial price of $1.20 billion (\u20ac1.11 billion).<\/p>\n Telecom Italia SpA advanced 1.6 percent after extending a deadline for KKR’s final offer for its submarine cable unit Sparkle.<\/p>\n Miners Anglo American, Antofagasta and Glencore all rose about 3 percent on news of relaxation of home purchase restrictions in Beijing and Shanghai.<\/p>\n Oil & gas giant BP Plc rose 0.8 percent and rival Shell added 0.9 percent as oil extended gains for a third consecutive session and remained on track to snap a seven-week losing streak. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n