Mixed signs and small changes in the euro markets pending the ECB

European stock markets are moving with mixed signs on Thursday as investors adopt a wait-and-see attitude in view of the monetary policy decisions of the European Central Bank later today, in the shadow of the data announced yesterday and showed a new jump in inflation.

The ECB is expected to keep interest rates unchanged, reiterating that it expects price de-escalation during 2022 as supply chain problems are normalized and high prices restrict demand.

Preliminary data released yesterday by Eurostat showed a jump in annual inflation to a new record at 5.1% in January from 5% in December 2021.

In this climate, the pan-European Stoxx 600 index falls 0.25% to 475.64 points.

The German DAX moves with marginal losses of 0.04% at 15,565.26 points, the French CAC 40 gains 0.1% at 7,123.07 points, while the British FTSE 100 strengthens 0.2% to 7,596.88 points.

In the periphery, the Italian FTSE MIB loses 0.05%, while the Spanish IBEX 35 falls 0.1%.

Source: Capital

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