Europe stocks turn higher after BoE minutes

By Sara Sjolin, Jun 20 2012

LONDON (MarketWatch) — European stock markets erased losses in midmorning action on Wednesday, after minutes from the Bank of England’s latest meeting showed that the Monetary Policy Committee considered expanding the 325 billion pound ($511 billion) asset purchase program. The Stoxx Europe 600 index XX:SXX +0.04% ticked higher after the release and was up 0.2% to 248.58. The U.K. FTSE 100 index UK:UKX +0.39% also changed direction and traded 0.2% higher at 5,595.89. In Germany, the DAX 30 indexDX:DAX +0.16% rose 0.2% to 6,378.95, while France’s CAC 40 index FR:PX1 -0.30% was slightly higher at 3,119.10.

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