European markets showed mixed performance on Thursday as investors awaited monetary policy announcements from the Bank of England, Swiss National Bank, and Sweden’s Riksbank.

The pan-European Stoxx 600 index rose 0.12%, with the UK’s FTSE 100 gaining 0.35% and France’s CAC 40 dipping 0.2%. The Stoxx 600 has now closed higher for four consecutive days after a 1.22% drop last week.

The Swiss National Bank (SNB) cut its benchmark interest rate by a quarter percentage point to 0.25%, leaving the Swiss franc flat against the euro and slightly weaker against the US dollar. Swiss inflation hit a nearly four-year low of 0.3% in February.

Meanwhile, shares of German shipping giant Hapag-Lloyd fell 5% after the company warned of lower net profits in 2025 due to geopolitical challenges. Germany’s DAX also slipped 0.36% as investors reacted to recent fiscal policy changes.

The Bank of England is expected to hold rates steady, while Sweden’s Riksbank is also likely to maintain its current policy.