European stocks closed mostly lower on Monday due to weak commodity prices affecting oil and mining sectors. Investors remained cautious ahead of key economic data releases, including PMI and inflation readings from Germany and U.S. jobs data. The pan European Stoxx 600 fell by 0.09%, with the FTSE 100 and CAC 40 down by 0.22% and 0.18% respectively. In the UK market, companies like Anglo American Plc and Glencore saw losses, while Carnival surged over 5%. In Germany, MTU Aero Engines ended over 2% down, while Merck rallied nearly 2%. Euro area investor sentiment rose in December, according to Sentix data. Meanwhile, Germany’s exports and imports unexpectedly fell in October, and Switzerland’s consumer price inflation eased in November.

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