European Markets Set for Muted Open
European equity markets were poised for a subdued open on Wednesday, amid concerns that US President-elect Donald Trump could target European countries with tariffs following his recent threats against China, Mexico, and Canada.
Investors were also cautious ahead of a key US inflation report that could influence the Federal Reserve’s plans for rate cuts.
Meanwhile, market participants will be focused on the latest consumer confidence data from Germany and France, as well as EasyJet’s earnings report. In premarket trading, Euro Stoxx 50 futures dropped 0.15%, while Stoxx 600 futures were largely flat.
Source: Trading Economics