European stocks stabilize during morning trading near the levels of in April in anticipation of the outcome of the ECB meeting

European stocks stabilized during morning trade on Thursday, within limited ranges, near the levels of last April, with the reluctance of investors for any new positions, before knowing the results of the ECB meeting and the statements of Mario Draghi, Governor of the Bank.

Europe's Dow Jones Stoxx 600 Index fell less than 0.1 percent by 10:15 GMT, yesterday's session index closed up by 0.3 percent, its highest level since April last.

The Dow Jones Stoxx Europe 600 index rose 14 percent since the historical referendum in Britain on June 24, by the receding expectations of increasing US interest rates, and expectations that global central banks keep on the broad policy stimulus to support the global economy.

European rate decision will be issued by 11:45 GMT is expected to keep interest rates steady at the record level of zero percent, and Mario Draghi, Governor of the Central Bank speaks by 12:30 GMT.

It is expected that the ECB keeps monetary stimulus program unchanged, and investors are looking through Draghi's remarks about the future of the stimulus policies in light of the new forecasts for growth and inflation is expected to be announced by Draghi.

Futures for the S & P 500 rose 0.1 percent, and the index closed yesterday's session on Wall Street steady near record highs, amid receding expectations of increasing US interest rates in September this month.

As for the most important European markets indicators euros Stoke 50 index fell 0.1 percent, and France's CAC 40 down less than 0.1 percent, and Germany's DAX index lost 0.1 percent, and in London FTSE 100 rose 0.6 percent.