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Investors await a National Bank of Poland interest rate decision, with expectations for rates to stay on hold despite annual inflation accelerating to 4.0% in September, above the central bank's target range. The Polish zloty was slightly weaker.
European shares fell in early trading, part of a broad cross-asset selloff. The euro dropped to its lowest level in 16 months against the pound, and French 10-year yields rose 10 basis points. The STOXX 600 was down 0.3% and the Euro STOXX 50 index down 0.8%.
European shares are down in early trading, part of a broad cross-asset selloff. The euro has fallen to its lowest in 16 months against the pound, and French bond spreads have widened again.
European stocks fell on Wednesday, with the STOXX 50 down 0.6% and the STOXX 600 losing 0.4%, snapping a three-day winning streak. The decline came as renewed gains in oil prices, driven by concerns over further Houthi attacks on Saudi Arabia, outweighed relief from signs of recovering Middle Eastern oil supplies. The