"Investors are waiting for tomorrow's ECB meeting"
- Angus Campbell, head of market analysis at Capital Spreads
U.K. stocks turned slightly lower on Wednesday, as investors are waiting for highly anticipated tomorrow's European Central Bank meeting, to discuss, among other things, the potential to resume the bond-buying program.
"Investors are waiting for tomorrow's ECB meeting," said Angus Campbell, head of market analysis at Capital Spreads in London.
"There's a tussle between political leaders about whether the ECB will remain within its mandate, so we might see some uncertainty and fluctuations in the market until we hear what Draghi has to say."
The FTSE 100 Index gained 0.39 per cent to 5,680.01. The broader FTSE All-Share Index climbed 0.27 per cent to 2,957.87.
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