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Premarket: European shares lower on earnings, bonds boosted after Fed

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Investors prepare for Bank of England rate verdict

Major European equity markets were lower on Thursday after a raft of corporate earnings in the U.S. and Europe, while prospects of upcoming policy easing in the United States boosted global bonds.

“Disappointing set of results, slowing growth for industrials, Chinese consumers no longer there to rescue demand and a possible resurgence of inflation. You have a not so pleasant cocktail.” “The statement was notable in that they removed the tightening bias and replaced it with a more neutral bias,” said Jan von Gerich, chief analyst at Nordea.

 

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