European stocks declined on Thursday, with investors anticipating more signs of recovery amid fears over the spread of the Coronavirus Delta variant.
Earlier today, the European Central Bank’s meeting accounts showed a debate among board members about the forward guidance on interest rates.
Similar to what we are expecting from the United States Federal Reserve, the ECB plans to discuss the future of the size of the pandemic emergency purchase programme (PEPP) next month.
STOXX Europe 600 lost 1.50 points, or 0.32%, in the largest decline for the index since August 19, to close at 470.34 points.
The German DAX fell by 0.42%, the UK’s FTSE100 closed lower by 0.35%, while the French CAC40 declined by 0.16%.