European Indices Slide in Premarket Trading

Following the United States Federal Reserve's recent monetary policy decision, major European stock indexes experienced losses during premarket trading on Thursday. The central bank's latest dot plot indicated fewer interest rate cuts in 2025 compared to previous forecasts.

At 8:00 am CET, the DAX declined by 0.65%, the Euro Stoxx 50 dropped 1.70%, the CAC 40 traded 0.84% lower, and the FTSE 100 shed 0.11%. Meanwhile, the euro strengthened 0.20% against the dollar to 1.03850, and the pound rose 0.18% to 1.25984.