Europe Markets: European stocks fall to 1-week low as all eyes on ECB

European stock markets headed mostly lower on Thursday, with traders staying on the sidelines ahead of a closely watched meeting at the European Central Bank that could shed some light on the bank’s tightening plans.

A stronger euro also weighed on the European markets, with the shared currency continuing its march up to trade at a three-year high.

What are markets doing?

The Stoxx Europe 600 index SXXP, -0.06% fell 0.2% to 400.10, building on a 0.5% loss from Wednesday and heading for its lowest close in a week.

Germany’s DAX 30 index DAX, -0.14% gave up 0.4% to 13,363.72, while France’s CAC 40 index PX1, +0.19% inched 0.1% higher to 5,499.28.

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