India, June 3 -- European shares traded lower on Tuesday as trade tensions persisted, and investors looked ahead to the European Central Bank's policy meeting later in the week.
Meanwhile, the Organization for Economic Co-operation and Development slashed its global growth forecast to 2.9 percent from its earlier forecast of 3.1 percent for 2025.
The Paris-based firm said the outlook across the globe has become challenging with rising trade barriers and policy uncertainty, which is weighing on consumer confidence and blocking investments.
The pan European STOXX 600 dropped 0.4 percent to 545.67 ahead of the release of crucial Eurozone CPI data.
The German DAX slipped 0.1 percent, France's CAC 40 shed 0.4 percent and the U.K.'s FTSE 100 ...