European Markets Close Lower Amid Central Bank Focus

European stock indices experienced a downturn on Wednesday, as investors digested recent corporate earnings reports and awaited pivotal monetary policy announcements from the Federal Reserve and the Bank of England.

Key Indices Show Decline: The DAX fell by 0.58%, with Sartorius AG VZO ON dropping 3.46%. Similarly, the FTSE 100 decreased by 0.44%, as Gsk PLC saw a significant 4.93% decline. The EURO STOXX 50 and CAC 40 also faced losses, dropping 0.60% and 0.91% respectively, with Sanofi SA leading the downturn at 4.31%.

Currency Movements: The euro and pound sterling both weakened against the dollar, with the euro down 0.22% to 1.13452 and the pound sterling losing 0.20% to 1.33416 by 5:31 pm CET.