European Stocks Cautious, ECB Awaited
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European stocks remained flat as investors await monetary policy decisions. The ECB is expected to keep interest rates unchanged, while Norway and Sweden's central banks are also likely to maintain current rates. The Bank of England is anticipated to cut rates by 25bps. ASML Holding and SAP saw slight gains, while luxury stocks like LVMH and L’Oréal declined. BNP Paribas fell slightly amid acquisition talks, and BP shares were stable after announcing Meg O’Neill as the new CEO.
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