LONDON, Sept 12 (Askume) – Euro zone government bond yields, the euro and European stocks were steady on Thursday after Europe cut interest rates for the second time in three meetings, as expected. Central bank
The euro was last up less than 0.1% at $1.1019.
The euro zone’s benchmark German 10-year government bond yield was unchanged at 2.124% after the decision, up 2 basis points from the previous day.
The pan-European benchmark Stoxx 600 index (.STOXX) gained 1.1%, while the euro zone banks index (.SX7E) gained 1.8%.
Attention now turns to ECB President Christine Lagarde’s press conference after the decision at 1245 GMT.
