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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

13 November 2024 15:02  |

European Markets Set for Lower Open on Inflation Data

European equity markets were poised for a lower open on Wednesday as investors prepared for key US inflation data that could influence the Federal Reserve’s next policy move.

Market participants also continued to assess the potential impact of US President-elect Donald Trump’s policies on European economies and financial markets.

Traders will focus on earnings reports from several major European companies, including ABN Amro, Allianz, Siemens Energy, SSE, and RWE, while no major economic data is scheduled for release.

In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were down 0.6% and 0.3%, respectively.

Source : Trading Economics

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