Europe poised for details on ECB QE program

Both the European Central Bank (ECB) and the Bank of England are due to announce interest rate decisions on Thursday.

The former is expected to announce more detail on the quantitative easing (QE) program it announced in January. It could highlight exactly when it will start its 1-trillion-euro ($1.1-trillion) bond-buying scheme and is also set to give updated projections for growth and inflation in the euro zone region.

The euro has already fallen to an 11-year low prior to the meeting and analysts are predicting some movements in stock markets if the ECB gives clues on the potential duration of its asset-purchasing program.

We will live blog all of Thursday's developments (mobile users click here):