Europe: Stocks rise at open, before ECB rate decision

[LONDON] Eurozone stock markets rose at the open on Thursday (Apr 14) awaiting the outcome of the European Central Bank's (ECB) latest monetary policy meeting.

Frankfurt's DAX index gained 0.2 per cent to 14,107.89 points and the Paris CAC 40 won 0.3 per cent to 6,559.53.

Outside the eurozone, London's FTSE 100 index dropped 0.3 per cent to 7,556.69 points.

ECB policymakers meet Thursday faced with the challenge of threading a response between the eurozone's record-high inflation and weak growth in the wake of Russia's invasion of Ukraine.

While other major central banks have begun to raise interest rates to fight decades-high inflation, the ECB is sitting tight for now. AFP