European Markets Set for Lower Open
2025-10-29 06:35
By
Jam Kaimo Samonte
1 min. read
European stock markets were poised to open lower on Wednesday as investors awaited a fresh round of corporate earnings, with reports due from Adidas, Airbus, Mercedes-Benz, UBS and Banco Santander, among others.
On the data front, markets will digest Spanish Q3 GDP figures and Italian producer inflation numbers.
Meanwhile, the US Federal Reserve is widely expected to deliver a 25 basis point rate cut later today, while the European Central Bank is likely to keep policy unchanged on Thursday.
Attention also turned to the upcoming Trump-Xi meeting in South Korea, where the two leaders are expected to finalize a framework that could pause higher US tariffs and China’s rare earth export restrictions.
In premarket trade, Euro Stoxx 50 and Stoxx 600 futures were both down about 0.1%.