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European Markets Set for Flat Open Ahead of ECB Decision
Thursday, 12 December 2024 15:33 WIB | MARKET UPDATE |Eropa

European equity markets were poised to open little changed on Thursday as investors awaited the European Central Bank's latest monetary policy decision.

The ECB is widely expected to implement another 25 basis point rate cut, with traders also focusing on its quarterly growth and inflation projections.

The Swiss National Bank is also anticipated to announce another rate cut.

Meanwhile, the latest US inflation data came in line with expectations, setting the stage for the Federal Reserve to reduce borrowing costs further next week. In premarket trade, Euro Stoxx 50 and Stoxx 600 futures remained flat

Source: Trading Economics

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