European Markets Set for Higher Open
European equity markets are set to open slightly higher, with investors eyeing US economic data ahead of the Federal Reserve's expected rate cut. European focus is on Ukraine peace talks and upcoming central bank meetings, including the Swiss National Bank, European Central Bank, Bank of England, and Sweden's Riksbank. Euro Stoxx 50 futures rose 0.2%, while Stoxx 600 futures remained flat.
European equity markets were poised to open slightly higher on Friday as investors looked ahead to key US economic data before next week’s Federal Reserve policy decision.
The US central bank is expected to deliver another 25 basis point rate cut next week, with 2–3 more reductions anticipated next year.
In Europe, markets focused on Ukraine peace talks and a series of upcoming central bank meetings, including the Swiss National Bank next week, followed by the European Central Bank, Bank of England, and Sweden’s Riksbank the week after.
In premarket trading, Euro Stoxx 50 futures edged up 0.2%, while Stoxx 600 futures were flat.
