Market Overview

European equity indices closed lower on Wednesday, as traders evaluated recent corporate earnings and awaited crucial monetary policy decisions from the Federal Reserve and the Bank of England.

Key Indices Performance

The DAX lost 0.58% with Sartorius AG VZO ON decreasing 3.46%. The FTSE 100 dropped 0.44% as Gsk PLC went 4.93% down. The EURO STOXX 50 fell 0.60% and the CAC 40 declined by 0.91% with Sanofi SA losing 4.31%.

Currency Movements

The euro traded 0.22% lower against the dollar at 5:31 pm CET to go for 1.13452, while the pound sterling lost 0.20% against the greenback to sell for 1.33416 concurrently.