LONDON (The Deal) -- European stocks were mixed on Thursday, with London markets ending a three-day rally as oil and commodity stocks slid and the odds of a U.S. rate rise next month shortened.

Federal Reserve Chair Janet Yellen suggested in a congressional hearing Wednesday that rates could rise next month after the "downside risks" to the U.S. from the global economy had diminished.

In Brussels the European Commission's statistics arm nudged its eurozone growth forecast higher to 1.6% in 2015 and 1.8% next year, while cutting the outlook for Greece.

The Bank of England will at noon London time set rates, which have been at 0.5% for more than six and a half years. It also release will its inflation outlook and minutes of Thursday's meeting in the second of an event dubbed Super Thursday, which the central bank devised to satisfy demands for greater transparency.

In London the FTSE 100 by late morning was down 0.44% at 6,384.53. In Frankfurt the DAX shot up 0.73% to 10,924.00 and in Paris the CAC 40 swelled by 0.80% to 4,987.90. The Athens Composite index was down 1.2% at 700.10.           

BP(BP) - Get Report  and Royal Dutch Shell (RDS.A)  both fell well over 2% in London and mining heavyweights BHP Billiton(BHP) - Get Report , Rio Tinto (RIO) - Get Report  and Glencore (GLNCY)  also sustained losses. Platinum producer Lonmin continued its downward spiral. The company warned shareholders on Tuesday that failure to back an emergency fundraising could jeopardize its survival.

Energy sector engineering and services company Amec Foster Wheeler (AMFW)  was by late morning in London down 23% after warning on full-year profit and slashing its dividend by half because of weak oil prices.

But drugs maker AstraZeneca(AZN) - Get Report was up 3% after upgrading its full-year guidance after it announced third-quarter results.

In Frankfurt, sporting goods maker Adidas (ADDDF) rose close to 6% after lifting its full-year forecasts after what it described as a "stellar" third quarter, featuring double-digit sales growth in all its main markets. It's expecting a 10% rise in full-year net profit, up from earlier guidance of 7% to 10% growth.

In Paris, engineering company Alstom (ALSMY) was down close to 5% despite maintaining its full-year guidance as it released first-half figures.

Credit Agricole slipped about 6% in Paris after missing consensus third-quarter revenue forecasts.

Zurich Insurance Group pared early gains to trade about 1% hjgher after beating third-quarter profit expectations, which analysts had revised after a warning in September from the company that its main unit was struggling.

Swiss recruitment company Adecco was down 8% after announcing that lacklustre revenue growth meant its full-year Ebitda margin wouldn't meet its 5.5% target but would be about 5.2% instead.

In Tokyo, airbag maker Takata (TKTDF) plunged 25% after Honda(HMC) - Get Report , ts biggest customer, said it wouldn't buy any more of its airbag inflators and suggested Takata had manipulated certain tests.

Takata's CEO acknowledged "unforeseen risks" at a press conference.

In Tokyo the Nikkei 225 closed up 1% at 19,116.41 and the Topix gained 0.95% to 1,555.10.

In Hong Kong, the Hang Seng was little changed, closing down 0.01% at 23,051.04. 

On mainland China indices posted gains. The Shanghai Composite closed up 1.83% at 3,522.82.