European markets show mixed performance before major bank decisions

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%.


Asia-Pacific stocks are mixed

On Friday, Asia-Pacific stock indices were quite mixed amid cautious trading after US President Donald Trump dared to cancel the highly anticipated summit with North Korean leader Kim Jong-no and also accused North Korea of ​​showing great anger as well…


Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

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