European stock markets are moving on Thursday, with investors holding a standing stance in view of the European Central Bank decision on interest rates.

The pan -European index Stoxx 600 It falls by 0.40%, with most sectoral indicators also following a downward course, while the index Euro Stoxx 50with Eurozone’s “heavy” papers, it is 0.46%losses.

In Frankfurt, the index DAX loses 0.33%, in Paris the Cac 40 slides 0.40% lower, while in London the FTSE 100 It recedes by 0.55%.

A similar picture is prevalent in the stock markets. In Milan the index FTSE MIB loses 0.38%while in Madrid the Ibex 35 It records 0.51%.

Regarding the individual shares, Thursday’s trading stands out the 12% jump recorded by the Siemens Energy title after upgrading its forecasts for the total year 2025.

On the other hand, the losses of 2.3% reports Hermes, whose sales were lower than market estimates during the first quarter.

Investors have a look at the European Central Bank meeting, which is widely expected to make a new reduction in its interest rates today, for the third time this year, in the midst of growing concerns about the course of the bloc’s economy in the shadow of the trade war.

An interest rates by 25 basis points will lower the bank’s deposit rate to 2.25%.

Mild downhill and the Athens Stock Exchange

Mild downward trends are recorded by shares at the opening of today’s Stock Exchange, amid mild retreat of European markets, which await today’s ECB decisions on interest rates.

O General price indexAt 11:00, it stands at 1,649.78 points, down 0.33%.

The value of transactions is up to 6.45 million euros.

The high capitalization index declines at 0.34%, while the middle capitalization index declines of 0.27%.

Of the high capitalization shares, the shares of Elvalhalcor (+1.73%), Aegean (+1.04%), AIA (+0.96%) and OTE (+0.88%) recorded the highest.

On the contrary, the biggest declines were recorded by Titan (-1.29%), Eurobank (-1.18%), Piraeus (-0.89%) and National (-0.83%).

36 shares move up, 38 down and 11 remain constant.

Ave (+3.98%) and Nafpaktos spinning (+2.86%) was the largest growth, while Attica (-7.56%) and Akritas (-4.88%) decline.

New record for gold with “fuel” Trump’s duties

Gold was climbed to a new historical high on Wednesday, as concerns about the global economy caused by the escalating US trade war with China are turning more and more investors to seek refuge in precious metal safety.

The gold spots price touched yesterday $ 3,357.40 a ounce before it retreated slightly. On Thursday morning the precious spot price was moving to $ 3,342.14 with a rose 0.38%, according to Gold Price

The June tradition of gold, also climbed to record levels at $ 3,371.90 a ounce, to drop a little lower to $ 3,357.50.

The price of gold has risen about 30% from the beginning of the year, as Donald Trump’s duties policy has increased concerns about slowing economic growth and prices rise, something that Federal Reserve, Jerome Paul, pointed out on Wednesday.

An indication of the demand recently recorded for precious metal is the fact that analysts compare this year’s gold rally with what it noted during the Iranian revolution more than 40 years ago, when prices jumped by almost 120% from November 1979 to January 1980.

Gold surpassed the $ 3,000 Dollar for the first time last month, amid the uncertainty that Trump’s economic policy began to cause.

Analysts point out that investors flock to gold in search of “compensation for both inflationary pressures and government recklessness”.