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- European stocks close: stocks closed mixed as investors are awaiting the Fed’s April meeting minutes
European stocks close: stocks closed mixed as investors are awaiting the Fed’s April meeting minutes
Stock indices closed mixed as investors are awaiting the Fed's April meeting minutes. Minutes are scheduled to be released later in the day. Investors expect to find some signals when the Fed will start its interest rates, which have been near zero since December 2008.
The Greek debt crisis is still in focus. Greece is running out of cash. Greek government's parliamentary speaker Nikos Filis said on Wednesday that Greece will not repay the €305 million IMF loans unless creditors unlocked bailout funds.
The Bank of England's Monetary Policy Committee (MPC) released its May meeting minutes on Wednesday. All members voted to keep the central bank's monetary policy unchanged.
MPC members noted that rising house prices in the U.K. posed renewed risks due to a shortage of new homes.
The Bank of England still expects the consumer inflation close to zero due to lower oil and commodity prices, but inflation should pick up by the end of this year.
Indexes on the close:
Name Price Change Change %
FTSE 100 7,007.26 +12.16 +0.17 %
DAX 11,848.47 -4.86 -0.04 %
CAC 40 5,133.3 +16.00 +0.31 %
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