FTSE 100 LIVE: European stocks mixed as traders focus on eurozone GDP and inflation figures

The FTSE 100 (^FTSE) pushed higher against its European peers on Tuesday as new growth figures and inflation data for the eurozone will be released today. Analysts are predicting that eurozone gross domestic product (GDP) will come in at a growth of 0.1% in the January to March quarter, pulling the region out of a shallow recession. It contracted by 0.1% in the third and fourth quarters of last year. Meanwhile, inflation is expected to remain unchanged at 2.4% in April, while core inflation could slip to 2.6% from 2.9%. London’s benchmark index was 0.4% higher in early trade. Germany's DAX (^GDAXI) dipped 0.2% and the CAC (^FCHI) in Paris headed 0.1% into the red. The pan-European STOXX 600 (^STOXX) was down 0.1%. Wall Street is set to open marginally lower as S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all slightly in the red. The pound (GBPUSD=X) was 0.2% down against the dollar in the morning trading at 1.2539. HSBC beats estimates and announces buyback as CEO retires unexpectedly. UK shop price inflation cools as retailers ramp up clothing deals. Follow along for live updates throughout the day: HSBC's (HSBA.L) results for the first quarter...

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