European markets are heading for a negative open on Thursday as investors anticipated the European Central Bank's (ECB) upcoming monetary policy announcement. The central bank is expected to trim interest rates for the third time in 2025 amid growing worries about the eurozone's economic performance in light of ongoing global trade tensions and tariff disputes.

The DAX fell 0.27% and the British FTSE 100 lost 0.45% at 8:00 am CET. Simultaneously, the CAC 40 decreased by 0.17%, while the Euro Stoxx 50 went 0.25% down. The euro was 0.41% down compared to the US dollar selling for $1.13517 and the pound traded 0.23% below the dollar, selling for $1.32111 at 7:59 am CET.