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European Markets Mixed as Traders Watch for Monetary Policy Guidance From Both Sides of the Atlantic

August 10, 2023
in Trade Tube
Reading Time: 1 min read
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European markets were mixed this morning, as investors watched for more interest rate guidance from central banks. The prospect of a huge fine and even some trading restrictions for alleged sanctions busting hits the share price of BNP Paribas, France’s largest bank. UK retail sales improve. Bank of England Monetary Policy Committee minutes show that a decision on when and whether to raise interest rates is becoming “more balanced” for some of its members. British bank HSBC goes ex-dividend. Big U.K. retailers are hit by analysts’ downgrades. Bank of Japan shows no sign of more stimulus measures.

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