European stock markets experienced a mostly downward trend on Tuesday, as investors closely monitored the release of key economic data.

The UK unemployment rate for October stood at 4.3%, matching analysts' expectations. Meanwhile, reports on the German business climate and a survey on economic sentiment across the euro area are anticipated to provide further insights into the region's economic health.

In a separate development, the head of Russian nuclear protection forces was tragically killed in an explosion in Moscow, adding a layer of geopolitical tension to the market sentiment.

Market indices showed mixed results: The DAX remained flat, while the Euro Stoxx 50, FTSE 100, and CAC 40 declined by 0.32%, 0.44%, and 0.48% respectively.

Currency markets saw the euro dip 0.12% against the dollar to trade at 1.04958, whereas the pound sterling gained 0.12% to exchange hands at 1.26982 against the greenback.

Stay tuned for further updates.