European stocks were little changed, with the Stoxx Europe 600 Index heading for a weekly gain, as Federal Reserve Chair Janet Yellen reiterated the central bank will continue to support the economy. U.S. index futures were also little changed, while Asian shares rose.

SAP AG lost 2.2 percent after Germany's biggest technology company reported quarterly sales and earnings that missed analysts' estimates. Akzo Nobel NV slid 3.8 percent after posting revenue that fell short of projections. Actelion Ltd. climbed 2.2 percent after saying it may review its earnings forecast after reporting better-than-estimated quarterly profit.

The Stoxx 600 dropped 0.1 percent to 330.58 at 8:06 a.m. in London. The benchmark has climbed 0.5 percent this week. It has still declined 2.6 percent from this year's high on April 4 amid a confrontation between Ukraine's acting government and pro-Russian separatists in the country's eastern region.

The Standard & Poor's 500 Index futures slipped 0.2 percent, while the MSCI Asia Pacific Index climbed 0.3 percent. Markets in Denmark, Norway and Iceland are closed for the Maundy Thursday holiday. Trading in Sweden closes at 1 p.m. local time.

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities.

Opinions are the authors — not necessarily OANDA’s, its officers or directors. OANDA’s Terms of Use and Privacy Policy apply. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD alternates gains with losses near 1.0720 post-US PCE

EUR/USD alternates gains with losses near 1.0720 post-US PCE

The bullish tone in the Greenback motivates EUR/USD to maintain its daily range in the low 1.070s in the wake of firmer-than-estimated US inflation data measured by the PCE.

EUR/USD News

GBP/USD clings to gains just above 1.2500 on US PCE

GBP/USD clings to gains just above 1.2500 on US PCE

GBP/USD keeps its uptrend unchanged and navigates the area beyond 1.2500 the figure amidst slight gains in the US Dollar following the release of US inflation tracked by the PCE.

GBP/USD News

Gold keeps its daily gains near $2,350 following US inflation

Gold keeps its daily gains near $2,350 following US inflation

Gold prices maintain their constructive bias around $2,350 after US inflation data gauged by the PCE surpassed consensus in March and US yields trade with slight losses following recent peaks.

Gold News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read more

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

Read more

Majors

Cryptocurrencies

Signatures