Disappointing German GDP numbers are setting the tone for markets today

Germany saw GDP growth of just 0.4 per cent in 2013, according to figures released today.

That's a sign that even the strong Eurozone economy has taken a hit from the euro crisis. Analysts had been expecting growth of 0.5 per cent.

Christian Schulz of Berenberg says that the long recession in the country's key export market has "prevented stronger growth and a lack of confidence" has seen companies shelve their investment plans.

The euro area recovery seen in 2013 has come too late to buoy German figures - although the outlook for 2014 is much better, says Schulz.

Ishaq Siddiq, market strategist at ETX Capital, says that the numbers are "setting the tone for the day", as European equities trade slighter higher. They're enjoying some momentum from the gains seen on Wall Street overnight, as Asian markets ticked up.