FX.co ★ European Markets Set for Higher Open

European equity markets appeared poised for a positive start on Thursday, aiming to recover some of the losses experienced in the previous session as investor sentiment showed signs of stabilization. Market participants responded to the US Federal Reserve's widely anticipated decision to maintain current interest rates and to a mix of earnings results from major tech companies. On Wednesday, regional indices faced pressure due to unsatisfactory earnings reports from the luxury sector, which weighed heavily on market performance. The European Central Bank expressed concerns regarding the euro's stark appreciation, warning that it could impact inflation and monetary policy decisions. Investors will be paying close attention to data on Eurozone economic sentiment, Spanish retail sales, and Italian industrial production. In pre-market activity, futures for the Euro Stoxx 50 and Stoxx 600 indices both indicated an approximate 0.2% increase.