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Stock impact report

UPDATE 1-European shares muted ahead of ECB rate verdict [Yahoo! Finance]

BANKINTER SA S/ADR (BKNIY) 
Company Research Source: Yahoo! Finance
Givaudan gains on annual organic sales beat Bankinter falls after Q4 net profit miss (Updated at 0915 GMT) By Shristi Achar A Jan 25 (Reuters) - European shares were subdued on Thursday as investors steered clear of risky bets ahead of a widely expected pause in interest rate hikes from the European Central Bank, while Nokia's shares topped the index after a quarterly profit beat. The pan-European STOXX 600 was down 0.1% by 0915 GMT after jumping more than 1% in the previous session. The ECB's rate verdict is due at 1315 GMT, with markets expecting a pause at the current 4% level, although the central bank is likely to push back on bets of aggressive policy easing this spring. The decision will be followed by ECB President Christine Lagarde's press conference, scheduled for 1345 GMT, with traders looking out for clues on the timing of rate cuts. Markets are pricing in nearly 130 basis points (bps) of cuts this year, down from around 150 bps around two weeks ago. "In Show less Read more
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