No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
Market latest
FTSE 100 | FTSE 250 | Paris CAC 40 | Dow Jones | NASDAQ
8646.88 |
89.07 (1.04%)
20805.07 |
245.37 (1.19%)
44882.13 |
168.61 (0.38%)
19681.75 |
49.43 (0.25%)
7941.64 |
69.16 (0.88%)
NaN |
0.00 (0.00%)
Prices delayed by at least 15 minutes
(Sharecast News) - European markets touched intra-day records again on Thursday as investors awaited for a rate decision from the European Central Bank amid an earnings dump.
The pan-regional Stoxx 600 index was up 0.4% at 536.42, having hit 536.6 in early trade. Germany's DAX reached a new high of 21,709 before settling just under the 21,700 mark.
Economists expect the ECB to start the year with a 25-basis-point interest rate cut, taking the key overnight deposit facility rate to 2.75% in what would be its fifth cut since last June. Overnight the US Federal Reserve held rates steady as expected.
In equity news, shares in Deutsche Bank fell as the German lender reported a bigger-than-expected sharper-than-expected fall in fourth-quarter profit.
Oil giant Shell gained despite a sharp fall in annual profit on the back of weaker oil prices.
H&M was down after the Swedish fashion group as fourth quarter estimates missed estimates.
Reporting by Frank Prenesti for Sharecast.com
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.
