During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
European markets show mixed performance before major bank decisions
On Wednesday, European markets demonstrated mixed performance because market participants were still cautious ahead of approaching monetary policy decisions scheduled this week in America, the euro zone and Great Britain.
The EURO STOXX 50 soared 0.12%, Germany’s DAX 30 sank 0.03%, while France’s CAC 40 rose 0.01%.
The key US bank is supposed to lift interest rates at the conclusion of its two-day policy gathering later Wednesday.
The ECB and the BoE were both geared up to publishing their policy statements on Thursday.
Financial equities were mixed too. French lenders Societe Generale as well as BNP Paribas headed south respectively 0.27% and 0.37%. At the same time Germany's Deutsche Bank along with Commerzbank went down respectively 0.64% and 0.24%.
FTSE 100 tacked on 0.06% in London, underpinned by Dixons Carphone, whose equities added 7.78%.
As for miners, stocks in BHP Billiton gained 0.18%, while Anglo American rallied 0.51%. Additionally, Glencore ascended 0.59%.
More tariffs were introduced
Yesterday, the US Justice Department announced a broad antitrust review ...
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.