India, May 5 -- European stocks turned in a mixed performance on Monday with investors closely following developments on the trade front, and continuing to react to quarterly earnings updates from big name European companies.
The mood remained somewhat cautious as markets awaited the policy announcements from the Federal Reserve and the Bank of England, due later in the week.
The Fed is widely expected to hold rates on Wednesday, while the BoE is likely to lower interest rates by 25 basis points.
On the trade front, U.S. President Donald Trump announced plans to impose a 100% tariff on movies produced outside the U.S., saying that the incentives offered by other countries to lure filmmakers is hurting the American film industry very badl...