FXStreet (Córdoba) - European stocks were little changed Thursday after a negative opening as ongoing tensions with Russia weighed on sentiment while investors await the ECB monetary policy decision.

The Stoxx Europe 600 was up 0.10% at 329.52. As for country-specific indexes Germany’s DAX 30 rose 0.14% while the France’s CAC 40 was nearly flat. The UK FTSE 100 fell 0.11%. Meanwhile, Italy’s FTSE MIB was the top performer up 0.84% while Spanish Ibex 35 was barely changed.

Asian and European stocks are attempting to trim weekly losses after Wall Street stocks staged an impressive comeback and closed with slight gains Wednesday.

On the data front, German industrial production came in below expectations but the main focus will be the Bank of England and European Central Bank decisions. Both banks are expected to keep rates on hold today. During the New York session, the US will release jobless claims data.

In the FX space, the USD trades a tad firmer after yesterday’s pullback seen during the second half of the NY session.

As for commodities, gold dropped 0.25% to $1,305 an ounce, while crude oil slid 0.10% to $96.83 a barrel.

Related Articles
  1. Forex Education

    Four Currencies Under the Spotlight in 2016

    With currencies having become the “tail that wags the dog,” in terms of their impact on the global economy, these four currencies will be under the spotlight in 2016.
  2. Forex Fundamentals

    These Currencies Are The Biggest Losers Of The Stock Downturn

    Here’s a list of the hardest-hit currencies amid the global stock market mayhem.
  3. Forex Strategies

    Will the Euro Continue to Rally? (EUO)

    The euro is rallying. Should investors chase this performance or is the real opportunity on the other side of the trade?
  4. Investing News

    China’s Forex Reserves Dropped Significantly

    China’s forex​ reserves dropped by a record $93.9 billion at the end of August to $3.56 trillion because the Central Bank has been selling dollars to provide a cushion to the falling yuan​
  5. Forex

    The Pros and Cons of a Fully Convertible Rupee

    Amid the rising economic power of India, the talks of making the Indian currency fully convertible are gaining momentum. We look at the pros and cons.
  6. Forex Fundamentals

    Chinese Yuan an Unlikely Reserve Currency

    As the world's second largest economy, China's challenge to America’s dominance includes a push to make the yuan (RMB), the world’s reserve currency. Whether it can do that now is unclear.
  7. Economics

    How Currency Enforcement Helped Sink The Trans-Pacific Partnership (TTP)

    One particular barrier to trade that has received much attention of late and caused delays in negotiations of the TPP is exchange-rate manipulation, by which a country artificially devalues its ...
  8. Forex

    Top U.S Forex News Sites

    Breaking news moves forex markets. Here are the top U.S. sites for tracking forex news.
  9. Investing

    Financial News Comparison: Bloomberg Vs. Reuters (BAC, GOOG)

    Access to financial information has grown with the expansion of digital news. Bloomberg and Thomson Reuters lead the pack, claiming a majority of the business information market.
  10. Economics

    Who Benefits From South Korea's Lowered Interest Rates?

    South Korea is the latest country to cut interest rates in an attempt to stimulate economic growth.
COMPANIES IN THIS ARTICLE
Trading Center