European markets close higher; Swiss central bank holds interest rate at 0% as inflation cools

European stocks were higher on Thursday as investors digest the U.S. Federal reserve's rate cut and commentary.

ECB proposes simpler bank regulation but rejects calls for lower buffers

By Balazs Koranyi FRANKFURT, Dec 11 (Reuters) - The European Central Bank proposed to simplify bank regulation on Thursday, looking to prune a complex rulebook without easing the overall financial burdens,
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European shares buoyed by financials, defence stocks; Fed meeting watched

European shares inched higher on Tuesday on the back of gains in financial and industrial stocks, while investor caution ahead of the U.S. Federal Reserve's two-day policy meeting later in the day

ECB Floats Tweaking AT1 Bank Capital to Better Absorb Losses

The European Central Bank proposed changing the design of a type of deeply subordinated bond issued by lenders to ensure it can absorb losses before banks fail.
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Fed lowers rates while other central banks hold steady

And if the Fed keeps cutting rates while other central banks don’t? Rogoff said investment will flow to the highest bidder. “Capital markets are global. So, the money’s going to move to where the rate of return looks good,” he said. The European Central Bank is likely to hold rates steady going forward.

European indexes flat ahead of week packed with central bank calls

London (UKX) -0.27% to 9,641. Germany (DAX:IND) +0.11% to 24,056. Germany’s industrial production rose 1.8% M/M in October. France (CAC:IND) -0.18% to 8,100. The pan-European Stoxx 600 (STOXX) traded 0.

European Stocks Muted as Investors Cautious Ahead of Fed Meeting

European stocks were muted as investors adopted a wait-and-see approach ahead of an expected Federal Reserve interest-rate cut later this week, while digesting hawkish comments from the European Central Bank.
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