European Markets Set for Lower Open
European equity markets were poised to open slightly lower on Friday as investors braced for Eurozone inflation data, which could influence the European Central Bank's interest rate decision in December.
Traders will also be looking at preliminary inflation figures for France and Italy, as well as retail sales data for Germany. Meanwhile, there are no major earnings releases scheduled for today.
In premarket trading, Euro Stoxx 50 futures dropped 0.2%, while Stoxx 600 futures slipped 0.1%.European equity markets were poised to open slightly lower on Friday as investors braced for Eurozone inflation data, which could influence the European Central Bank's interest rate decision in December.
Traders will also be looking at preliminary inflation figures for France and Italy, as well as retail sales data for Germany. Meanwhile, there are no major earnings releases scheduled for today. In premarket trading, Euro Stoxx 50 futures dropped 0.2%, while Stoxx 600 futures slipped 0.1%.
Source: Trading Economics