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European stocks traded lower on Tuesday, with miners leading losses after data showed China’s exports grew at a slower pace in November and imports unexpectedly shrank, in a worrying sign for the world’s second-largest economy<\/span>.<\/p>\n Also, focus shifted to upcoming U.S. CPI data and the ECB policy meeting. <\/p>\n The European Central Bank’s (ECB) monetary policy decision is due on Thursday, with the central bank expected to cut interest rates by 25 bps for the third time in a row.<\/p>\n The pan European STOXX 600 dipped 0.3 percent to 519.59, snapping an eight-session winning streak. <\/p>\n The German DAX slid 0.1 percent, France’s CAC 40 shed 0.6 percent and the U.K.’s FTSE 100 was down half a percent. <\/p>\n Miners Anglo American, Antofagasta and Glencore were down 2-3 percent.<\/p>\n China-related luxury goods makers such as LVMH, Kering and Hermes International were down 1-2 percent in Paris. <\/p>\n Ashtead shares plunged almost 11 percent. The British construction equipment rental group said it plans to move its listing from London to New York.<\/p>\n FirstGroup rallied 4 percent. The transport group has agreed to acquire RATP London from RATP Developpement for an enterprise value of 90 million pounds ($114.8 million).<\/p>\n British Gas-owner Centrica fell 2.3 percent after adding an extra \u00a3300m to its existing share buyback plan.<\/p>\n Delivery Hero SE, a German food delivery platform, plummeted 8 percent as it’s Middle East subsidiary Talabat started trading in Dubai.<\/p>\n TeamViewer lost 9 percent after the software firm agreed to acquire the London-based IT firm 1E for an enterprise value of $720 million.<\/p>\n Automaker Volkswagen rose 1.4 percent after reports that talks with unionists will continue next week.<\/p>\n In economic releases, Germany’s consumer price inflation rose to a four-month high in November due to less favorable energy base effects, Destatis reported. <\/p>\n The consumer price index registered an annual increase of 2.2 percent in November, following a 2.0 percent rise in October. That matched the estimate published on November 28.<\/p>\n Inflation, based on the harmonized index of consumer prices, stood at 2.4 percent, the same as in October and in line with the flash estimate. <\/p>\n<\/p>\n Business News<\/p>\n<\/div>\n