European Markets Head for Negative Open Ahead of ECB Decision

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European Markets Head for Negative Open Ahead of ECB Decision
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European stocks are expected to open lower ahead of the latest interest rate decision from the European Central Bank on Thursday.

Markets will be waiting for ECB President Christine Lagarde's press conference following the meeting to gauge how aggressively the bank could act.European Central Bank poised to signal July rate hike as inflation jumps to fresh record high

Asia-Pacific stocks were mixed in Thursday trade, with investors watching for market reaction to China's trade data for May, which performed above expectations. Meanwhile, U.S. stock futures were flat in overnight trading Wednesday after the major averages ended the regular session lower and U.S. Treasury yields rose.

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