- European shares opened lower on Thursday, weighed down by a set of dour earnings from automakers and bucking the global rally that was sparked by the U.S. Federal Reserve opening the door to start lowering interest rates in September.Anhueser-Busch InBev rose 3.3% after the beer giant reported a forecast-beating core profit for the second quarter.
The Fed held interest rates steady but opened the door to a rate cut in September. The Bank of England's policy decision is due later in the day.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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