European stocks plummeted after the Bank of Japan decided not to implement additional stimulus measures and Lloyds Banking Group Plc shares declined.
Japanese policymakers voted to keep the 0.1% negative interest rate on deposits at the BOJ and continue the enormous asset purchasing program.
The Stoxx Europe 600 Index erased 0.8%. The benchmark slid for three straight sessions following it touched a four-month peak on April 20. It has lost 5.5% this year.
Lloyds shares slipped 2.1% as net income and revenue dropped. Deutsche Bank AG shares gained 2.9% after it shocked markets with its profit. Airbus Group NV shares tumbled 4.2% as earnings decreased.
The material has been provided by InstaForex Company – www.instaforex.com