European equities keep to two-year maximums before BoE decision

European equities keep to two-year maximums before BoE decision

On Thursday, European stocks kept to two-year maximums, with trading muted as market participants battened down the hatches ahead of the BoE’s policy gathering.

The STOXX 600 stabilized near two-year maximums, with German, British and French equities also broadly intact as market participants waited for the BOE's 1200 GMT verdict.

Britain’s major financial institution is believed to have interest rates raised for the first time since 2007. If it decides to leave rates intact it might bring disruptive consequences, as financial experts state.

However, the calm was confounded by gambling technology company Playtech, whose stocks went down 21% after warning on revenue because of a slowdown in parts of Asia as well as issues with a bingo contract.

Firm outcomes from oil services firm Tenaris gave the stock +6% and assisted Italy's benchmark FTMIB to outclass rivals, letting it gain 0.4%.

Similar

Latest news

German exporters don’t care about stronger euro

German exporters demonstrate ascending optimism as for their business prospects because growing demand from other euro zone countries helps to compensate worries regarding the strengthening currency, as the Ifo economic institute told on Wednesday…

Japan's October machinery orders tack on

In October, Japanese machinery orders rebounded with a faster soar than anticipated, thus re-affirming the resilience of capital spending, which is a major driver in the Japanese economy's almost two-year expansion…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera