European Stocks Close Broadly Lower Ahead Of Central Banks Policy Announcements

European stocks closed lower on Wednesday with investors reacting to a slew of earnings updates and assessing the situation in the Middle East, while awaiting the interest rate decision from the Federal Reserve later in the day, and the monetary policy announcements from the Bank of England and the European Central Bank on Thursday.

Investors also weighed the potential impact of the United Arab Emirates’ shock exit from the OPEC oil cartel.