European stocks are expected to open higher Thursday, with other markets in Europe barely changed. The focus will be on a meeting of the Bank of England's monetary policy committee, which is likely to leave both its benchmark interest rate and the size of its asset-purchase program as they are.
"The Bank of England is expected to leave monetary policy unchanged following Sir Mervyn King's penultimate meeting as governor. Mark Carney will take over this role in July, and you get the feeling that most members are not interested in committing to anything until the transition is complete," said Craig Erlam, market analyst at Alpari (UK), in a note to clients.
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