Nigeria, Jan. 30 -- European Stocks Rise Ahead Of Expected ECB Rate Cut European markets were expected to increase on Thursday as investors awaited crucial results, economic data, and the European Central Bank's latest monetary policy announcement.

According to IG data, the FTSE 100 index in the United Kingdom is anticipated to open 2 points lower at 8,555, Germany's DAX up 24 points at 21,649, France's CAC up 25 points at 7,892, and Italy's FTSE MIB up 72 points at 36,627.

The ECB is anticipated to lower interest rates by 25 basis points on Thursday to begin its first meeting of 2025. With this action, the bank would lower its key overnight deposit facility rate to 2.75% for the fifth time since it started loosening monetary policy in ...