9/21, 9:03 AM (Source: TeleTrader)
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Europe opens lower ahead BoE's rate decision

European stock markets opened Thursday's trading session with losses, as traders eagerly anticipated the Bank of England's monetary policy decision due later in the day. Following the US Federal Reserve's decision to keep interest rates the same, markets mirrored Wall Street's steep decline.

At the opening bell, the DAX declined 0.83%, with Porsche AG down 1.35%. The Euro Stoxx 50 decreased 0.91% as Prosus NV dipped 2.51%. The FTSE 100 went down 0.51% as Ocado Group lost 5.90%. The CAC 40 fell 1.03% while Unibail-Rodamco went 1.73% down at the same time.

The euro decreased by 0.08% against the dollar at 8:58 am CET, selling for $1.06522. Also, the pound lost 0.11% compared to the US currency to go for $1.23301 at the same time.

Baha Breaking News (BBN) / RR