FX.co ★ European Stocks Little Changed, ECB Awaited

Both the STOXX 50 and STOXX 600 experienced a modest increase of 0.1% on Thursday. This occurred as investors remained cautious, holding back from making major decisions ahead of the European Central Bank's anticipated monetary policy announcement later in the day. It is broadly anticipated that the ECB will reduce interest rates again, with the possibility of a pause to evaluate the wider repercussions of U.S. trade policies under President Trump on the European economy. In terms of economic data, German factory orders saw an unexpected rise in April, counteracting predictions of a downturn. On the corporate front, notable performers included LVMH, which gained 1.1%, ASML Holding up by 1.2%, L'Oréal rising 0.7%, EssilorLuxottica advancing 1.1%, and Bayer climbing 3.5%.