European markets seen mixed amid gloomy economic outlook; Brexit deadline extended

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European markets seen mixed amid gloomy economic outlook; Brexit deadline extended
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European stocks are set to open mixed Thursday morning, after EU leaders agreed to delay Brexit for up to six months.

div > div.group > p:first-child"> The FTSE 100 is seen 22 points lower at 7,398, the CAC is expected to open up around 9 points at 5,458, while the DAX is poised to start 12 points lower at 11,894, according to IG.

Donald Tusk, president of the European Council, said this development provides extra time for the"U.K. to find the best possible solution." The European Central Bank kept its loose monetary policy stance and warned that threats to world economic growth remained. The central bank has already delayed its first post-crisis interest rate hike and President Mario Draghi raised the prospect of further supportive policy measures if a slowdown in the euro zone economy persisted.

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