European markets will open on Thursday as investors look at the latest monetary policy decisions of the European Central Bank.
UK FTSE 100 The index is expected to rise by 43 points at 8,779 points in Germany to 8,779 Dax 75 points in 23,185, France CAC 8249 points and Italy’s 52 points FTSE MIB According to IG data, it is 307 points higher at 38,905.
The main focus of European markets on Thursday was the European Central Bank, which generally believed that it would lower its key interest rates by 25 basis points to 2.5%. Easing inflation in the euro zone in recent months.
Wednesday, region Stoxx 600 The index rose 0.9% when it closed in Germany Dax The index jumped 3.4%, its best daily performance since November 2022. Earnings are significantly higher on infrastructure and defense spending on Europe’s largest economy bet on growth prospects and politicians have reached landmark deals to try to reform existing debt-restricted rules.
Regional markets will closely monitor policymakers’ comments on the region’s economic and inflation outlook due to the possibility that the Trump administration will impose trade tariffs on the EU.
Meanwhile, European leaders held a defense summit in Brussels as the region attempts to maintain support for Ukraine to align with the United States.
To date, Europe’s expectations for higher defense spending have increased by 34.4% on the STOXX Aerospace and Defense Index.
