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- European stock markets mid session: stocks traded mixed as market participants continued to closely monitor oil prices
European stock markets mid session: stocks traded mixed as market participants continued to closely monitor oil prices
Stock indices traded mixed as market participants continued to closely monitor oil prices.
Stock markets were supported by a weaker euro, which declined after the Swiss National Bank's (SNB) interest rate decision. The central bank kept the rates on sight deposits at minus 0.75% and said that the bank will remain active in the forex market if needed.
Meanwhile, the economic data from France was mixed. The French statistical office Insee its industrial production figures on Thursday. Industrial production in France rose 0.5% in October, beating expectations for a 0.1% decline, after a flat reading in September. September's figure was revised down from a 0.1% increase.
Manufacturing output fell 0.5% in October, while construction output climbed 0.5%.
Output in mining and quarrying, energy, water supply and waste management increased 5.1% in October.
On a yearly basis, the French industrial production climbed 2.3% in October, after a 0.7% gain in September.
The French consumer price inflation declined 0.2% in November, missing expectations for a flat reading, after a 0.1% rise in October.
On a yearly basis, the consumer price index was flat in November, after a 0.1% increase in October.
The U.K. stock index FTSE traded lower ahead the Bank of England's interest rate decision, which is scheduled to be released at 12:00 GMT. Analysts expect the central bank to keep its monetary policy unchanged.
Current figures:
Name Price Change Change %
FTSE 100 6,112.59 -14.09 -0.23 %
DAX 10,633.23 +40.74 +0.38 %
CAC 40 4,657.9 +20.45 +0.44 %
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