Central Bank Outlooks, Earnings Cap European Bourses Midday

07:45 AM EDT, 10/28/2025 (MT Newswires) -- European bourses tracked moderately lower midday Tuesday as traders awaited rate actions by the European Central Bank (ECB) and the Federal Reserve, and weighed the unfolding earnings season.

The US central bank is slated to announce a rate decision on Wednesday, followed by the ECB on Thursday.

Tech and bank stocks held firm on continental trading floors, while property and food shares lagged.

Investors also eyed muted Wall Street futures, and moderately lower closes overnight on Asian exchanges, the latter on profit-taking after recent bull moves.

In economic news, crude oil prices softened after media reports that the Organization of the Petroleum Exporting Countries and other producers are pondering another boost in petroleum production.

The pan-continental Stoxx Europe 600 Index was off 0.3% mid-session.

The Stoxx Europe 600 Technology Index was up 0.1%, and the Stoxx 600 Banks Index was flat.

The Stoxx Europe 600 Oil and Gas Index eased 0.4%, while the Stoxx 600 Europe Food and Beverage Index lost 0.8%.

The REITE, a European REIT index, fell 0.9%, while the Stoxx Europe 600 Retail Index was down 0.8%.

On the national market indexes, Germany's DAX was down 0.1%, and the FTSE 100 in London gained 0.1%. The CAC 40 in Paris was off 0.1%, and Spain's IBEX 35 eased 0.2%.

Yields on benchmark 10-year German bonds were lower, near 2.61%.

Front-month North Sea Brent crude-oil futures were down 1.4% at $63.99 a barrel.

The Euro Stoxx 50 volatility index was up 0.2% at 16.37, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.