- London's FTSE is expected to open 16 points lower at 5,997, Germany's DAX up 16 points at 13,253, France's CAC 40 up 4 points at 5,947 and Italy's FTSE MIB 20 points lower at 19,751, according to IG.
- The ECB's latest interest rateand monetary policy decision is due today.
European stocks are expected to open in mixed territory on Thursday ahead of the European Central Bank's (ECB) latest meeting on monetary policy in the euro zone.
London's FTSE is expected to open 16 points lower at 5,997, Germany's DAX up 16 points at 13,253, France's CAC 40 up 4 points at 5,947 and Italy's FTSE MIB 20 points lower at 19,751, according to IG.
Investors in Europe are awaiting the ECB's latest interest rate decision as well as monetary policy statement at around 12:45 p.m. London time. Market watchers believe the central bank could fine-tune its policies this week, and may even follow the Federal Reserve by revising its inflation targets in the longer term.
Since its last meeting, economic data has shown signs of a slowing of the recovery, the euro has appreciated and core inflation slumped to a new record low in August.
Meanwhile, stocks in Asia-Pacific traded higher Thursday morning following an overnight bounce for shares stateside.
Global markets are also looking ahead to the U.S. Labor Department's weekly jobless claims report later today. Economists surveyed by Dow Jones expect 850,000 new claims, down from last week's 881,000.
Earnings come from Lloyd's of London, Dunelm, Saga and Morrisons Thursday and consumer sentiment data comes from Germany, France and Italy. France and Italy will also release industrial output data for July.
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