LONDON/HONG KONG—European shares slipped on Tuesday, while the dollar hovered below last week’s peak, with investors eyeing central bank meetings this week for clues on market direction.
The broader Euro STOXX 600 fell 0.6 percent, with indexes in Paris and Frankfurt both down 0.9 percent.
Traders were on edge with few immediate pieces of macroeconomic or political news to drive direction, market players said.
“Right now it’s cautious mode. It’s not necessarily plain defence and really being short markets,” said Olivier Marciot, senior portfolio manager at Unigestion.
“Really little exposures all over the place, and waiting for some sort of clearer direction to deploy risk.”…