Investors await the Bank of England’s interest rate decision amid uneven GDP growth across Germany and France.
European markets showed mixed performance as traders awaited the Bank of England’s interest rate decision. The UK’s FTSE 100 rose 0.11%, nearing record levels, while Germany’s DAX declined 0.48%. France’s CAC 40 gained 0.50% despite weaker-than-expected annual GDP growth.
Germany reported a 0.9% year-over-year GDP increase, while France’s second-quarter GDP rose 0.2%, missing annual forecasts. The BOE’s decision is expected to influence market sentiment amid divergent economic signals across the region.
No immediate market reaction was reported ahead of the announcement.