Add as a preferred source on GoogleFrench Shares Lead European Gains Ahead of ECB Policy Decision
The CAC gained 0.72%, while London’s UKX and Germany’s DAX recorded smaller advances. The ECB decision is scheduled for 9:15 a.m. ET.
European stock indexes rose in early trading Thursday, with France’s CAC leading the three benchmarks ahead of the European Central Bank’s (ECB) policy decision later in the day.
The CAC climbed 0.72%. London’s UKX index advanced 0.28%, and Germany’s DAX rose 0.11%.
The ECB is scheduled to announce its decision at 9:15 a.m. ET (13:15 UTC) Thursday. The central bank’s news conference is set for 9:45 a.m. ET (13:45 UTC).
October’s reading for Sweden’s household confidence measure dropped to 94.3. Swedish retail sales climbed 5.5% from a year earlier in September, while the economy expanded 0.4% month over month.
The STOXX Europe 600’s Oct. 26 advance was 0.3%, in a session before that week’s central bank announcements and economic data.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.