30 am – a decrease of 0..3 percent compared to Wednesday’s closing level.
Investor focus today is primarily on the European Central Bank (ECB) interest rate decision, scheduled for release at 2:15 pm. Market expectations point towards a “pause” in rate hikes, suggesting the central bank will, for now, hold the key interest rate steady. Thomas Altmann from QC Partners emphasized that “the crucial factor today will be the ECB’s forward guidance on monetary policy”. Uncertainty remains regarding whether the trough of the key interest rate has been reached or if further cuts are likely in the first half of 2026. ECB President Lagarde is also anticipated to address the ongoing situation in France.
Thirty minutes after the ECB announcement, at 2:30 pm, new data on US inflation will be published. A rise in inflation within the United States could subsequently influence the US Federal Reserve’s interest rate decision next week. Further surprises remain a possibility, complicated by the recent trade policies implemented by US President Trump.
The euro was slightly weaker against the US dollar this Thursday morning, trading at USD 1.1691, equivalent to EUR 0.8554 per dollar.