European stocks fall as investors become cautious before the ECB

European stocks fell in early trading, reflecting a fall in Wall Street after the Federal Reserve gave a somewhat aggressive tone in its policy statement, while investors focused their attention on the European Central Bank meeting, It will shed light on the purchase of active program.

The Stoxx Europe 600 fell 0.5 percent. ECB policy makers will hold their first formal talks on when to finalize the bank's bond purchase scheme, although it is unclear whether they will make a decision or wait until July. Expectations are divided on whether officials are ready to set a schedule now, or if they will be deferred for another six weeks.

The 19 Stoxx 600 sectors fell on Thursday, led by the media, chemicals and basic resources. The euro gained ground, reaching $ 1.1815, reviving concerns about the prospects for European earnings.


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