European stocks opened slightly higher on Thursday, with U.K. investors looking ahead to the Bank of England’s policy rate decision.
LONDON — European stocks opened slightly higher on Thursday, with U.K. investors looking ahead to the Bank of England's policy rate decision.U.K. traders will be focused on the Bank of England's rate decision Thursday, although the central bank is widely expected to hold rates steady at a 16-year high of 5.25%, with the majority ofData released Wednesday showed U.K. inflation rose by an annual 2.0% in May, hitting the central bank's inflation target.
Norway's central bank and the Swiss National Bank are also set to announce monetary policy decisions on Thursday. Norway's Norges Bank is widely expected to keep the policy rate unchanged at 4.5%, while two-thirds of economists polled by Reuters haveIndia wants to be a developed nation by 2047. Here are 4 critical areas Modi can't ignore
Investors will be keeping an eye out on earnings from Boohoo Group and DS Smith. On the data front, flash consumer confidence figures from the euro zone for June will be released.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.
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