European markets seen slightly lower as investors await BOE rate decision

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European markets seen slightly lower as investors await BOE rate decision
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Central banks around the world have been loosening policy to counter the risk of low inflation and recession.

held interest rates steady, as widely expected, but signaled it could ease next month.'s policy meeting later in the session. The central bank is expected to hold interest rates, with less than 45 days to go before the country is scheduled to leave the European Union.

On the data front, the euro zone is scheduled to report current account data for July at around 9:00 a.m. London time.

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