Europe opens mostly lower with economy in focus - Breaking The News
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Europe opens mostly lower with economy in focus

UNSPLASH / BASTIAN PUDILL

Most European stock exchanges opened lower on Thursday ahead of the release of the European Central Bank's Economic Bulletin, which will reveal more details about policymakers' stance on the current economic situation, as well as retail sales from the bloc. Meanwhile, investors digested the latest economic reports, including Germany's industrial production and trade balance.

Frankfurt's DAX dipped 0.26% as Porsche dropped 1.60%. The Euro Stoxx 50 lost 0.50% as BNP Paribas declined 1.23%. The CAC 40 decreased by 0.52% as Eurofins Scientific SE sank 4.17%. London's FTSE 100 was flat.

The euro was down by 0.22% against the greenback, selling at 1.02941 at 8:58 am CET. The pound stood 0.85% below the dollar, trading at 1.22563, at the same time.

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