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European Stocks Close as Investors Digest Data and Interest Rate Decisions


Friday, 20 December 2019 00:02 WIB

EropaSaham EropaStoxx Europe 600


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European stocks ended the shift mixed Thursday as investors digested economic data and interest rate decisions from central banks, with markets showing minimal reaction to U.S. President Donald Trump's impeachment.

The pan-European Stoxx 600 hovered around the flatline all day, closing 0.09% higher to 414.75 .

Sweden's Riksbank ended five years of negative interest rates on Thursday morning, hiking its benchmark repo rate by a quarter point to 0.0%.

The Bank of England held its main interest rate steady at 0.75% with its rate-setting committee voting 7-2 in favor of keeping the current level, and cut its fourth-quarter U.K. GDP growth forecast from +0.2% to +0.1%.

Source : CNBC


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