Stock
indices traded little changed ahead the European Central Bank’s interest rate
decision today. Investors are awaiting the ECB will cut interest rates and
announce measures to boost lending to smaller businesses.
Retail
sales in the Eurozone climbed 0.4% in April, exceeding expectations for a 0.1%
gain, after a 0.3% increase in March. On a yearly basis, retail sales in the
Eurozone rose 2.4% in April, exceeding expectations for a 1.3% increase, after
a 0.9% gain in March.
German
factory orders surged 3.1% in April, beating expectations for a 1.3% rise,
after a 2.8% decrease in March.
The Bank of
England kept its interest rate unchanged at 0.50%.
Current
figures:
Name Price Change Change %
FTSE
100 6,798.96 -19.67 -0.29%
DAX 9,920.74 -5.93 -0.06%
CAC 40 4,507.26
+6.26 +0.14%