2/1, 5:31 PM (Source: TeleTrader)
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Europe closes mixed in shadow of Fed decision

Major stock indexes in Europe closed mixed on Wednesday a couple of hours before the reveal of the Federal Reserve's latest interest rate decision. The day saw the release of the Eurozone's figures on unemployment and manufacturing, as well as better-than-expected predictions for inflation in the block. The United Kingdom and Germany also posted updates on their respective manufacturing sectors.

The DAX gained 0.35% at the close, as Deutsche Post advanced 2.45%. The FTSE 100 decreased 0.14%, with AstraZeneca losing 2.93%. The CAC 40 dropped 0.07%, as TotalEnergies went down by 1.77%. The Euro Stoxx 50 increased by 0.19%, pulled up by Banco Bilbao which surged 4.70%.

The euro traded 0.42% higher against the dollar at 5:29 pm CET, selling for 1.09178, while the pound lost 0.17% against the greenback to go for 1.23088 concurrently.

Baha Breaking News (BBN) / MX