European stock markets close lower as ECB leaves rates unchanged with no new stimulus
European stock markets ended lower on Thursday after the European Central Bank (ECB) kept interest rates unchanged, said its existing stimulus measures were sufficient and likely to be used in full, and offered a slightly more optimistic view of the economy.
ECB President Christine Lagarde introduces the baseline GDP and inflation outlook for the euro area. pic.twitter.com/KI3V38k3ro
— European Central Bank (@ecb) September 10, 2020
Stoxx Europe 600 | lost 0.58% |
German stock index – DAX | fell 0.26% |
French stock index – CAC 40 | dropped 0.38% |
UK stock index – FTSE 100 | inched lower 0.16% |
Italy’s stock index – FTSE MIB | rose 0.25% |
Spain’s stock index – IBEX 35 | slipped 0.31% |
Russia’s stock index – IMOEX | advanced 0.75% |