European Markets React to Upcoming ECB Decision

On Thursday, major European stock markets showed a mixed performance in the premarket session, eagerly anticipating the European Central Bank's (ECB) decision on key interest rates during its monetary policy meeting later today. Investors are also closely watching the Swiss National Bank's interest rate decision and the upcoming United States report on producer prices.

At 8:00 am CET, the DAX index rose by 0.18%, while the FTSE remained flat. Simultaneously, the CAC 40 index increased by 0.20%. Shortly after, the Euro Stoxx 50 climbed by 0.15%.

In currency markets, the euro strengthened by 0.19% against the dollar, trading at $1.05126 at 7:58 am CET. Meanwhile, the pound sterling gained 0.18% versus the dollar, reaching $1.27695 at 7:59 am CET.