FX.co ★ European Markets Set for Higher Open

European stock markets are poised for a higher opening on Thursday, following President Donald Trump's decision to refrain from escalating tensions with Iran due to the halting of protester executions, which has alleviated geopolitical strain. Concurrently, Danish Foreign Minister Lars Lokke Rasmussen characterized the discussions with the Trump administration as "frank but constructive," emphasizing that any proposals compromising Denmark's sovereignty or Greenland's self-determination would be entirely unacceptable. On the economic front, investors are set to evaluate a series of key reports, including the UK's monthly GDP, Germany's annual GDP, and the Eurozone trade balance statistics. In pre-market activity, futures for the Euro Stoxx 50 and Stoxx 600 showed gains of 0.4% and 0.2%, respectively.