Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Markets Are Up Ahead Of Two Big Central Bank Announcements

Sam RoJan 9, 2014, 15:29 IST

REUTERS/Kai PfaffenbachA man uses his mobile phone to take a picture of the euro sculpture outside the head quarters of the European Central Bank (ECB) in Frankfurt, November 5, 2013. The ECB council will on Thursday and will decide whether they change the interest rates or not.

Markets are modestly in the green early in the European trading session.

Britain's FTSE 100 is up 0.3%.

France's CAC 40 is up 0.2%.

Germany's DAX is up 0.4%.

Spain's IBEX is up 0.7%.

Italy's FTSE MIB is up 0.8%.

There's a lot of talk coming out of the world's central banks this week. Later this morning, the European Central Bank and the Bank of England will update us on their positions on monetary policy. Economists expect both banks to keep policy easy and rates unchanged at extraordinarily low levels.