LONDON (The Deal) -- European and Asian stocks struggled to find direction on Tuesday, Nov. 26, after Monday's Iran-related euphoria and  ahead of U.S. data on house prices and consumer confidence out later Tuesday.

In London, the FTSE  slipped 0.43%  to 6,665.62  as 72 members of the benchmark index  fell, with just 26 rising. Bank of England Governor Mark Carney will later deliver his outlook for growth and inflation to lawmakers.

In Frankfurt, the DAX was  up 0.01% at 9,301.30, and in Paris the CAC 40 slipped 0.29% to 4,289.41.

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Drinks makers including Pernod Ricard, SABMiller and Diageo (DEO) - Get Report dropped after French spirits maker Remy Cointreau warned of a "substantial double-digit decline" in full-year profit because of slowing Chinese demand and an uncertain environment in Europe.

Luxury goods makers including France's Kering and LVMH Moet Hennessy Louis Vuitton slipped after Germany's Hugo Boss postponed a 2015 profit margin target.

Remy Cointreau was down more than 9% by mid-morning in Paris, while Hugo Boss had slipped about 3% in Frankfurt.

Bayer was little changed after Norway's Algeta disclosed an "early stage"  takeover approach from the German company worth about $2.4 billion.   Bayer and Algeta in May gained Food and Drug Administration  approval for their Xofigo prostate cancer medicine. The Norwegian company's shares surged more than 31% in Oslo.

In Hong Kong, the Hang Seng closed virtually unchanged at 23,681.28, and in Tokyo the Nikkei 225 slipped 0.67% to 15,515.24.