European stock indices were trading lower at the start. UK's FTSE 100 index is down -0.37% to 6514.79 points, Germany's DAX 30 lost -0.21% and is trading at 9,295.71 points with lower-than-expected German factory orders, while France's CAC 40 lost -0.39% going south to 4,192.10 points.

Investors waiting for the results of the European Central Bank (ECB) meeting today but there is fear in the market that today meeting might not yield new market stimulus although it's the first meeting after Bank of Japan´s stimulus and will just keep interest rates at a record low.