FX.co ★ European Markets Set for Lower Open

European equity markets were set for a modest decline at the opening on Wednesday, as the recent uptrend spurred by alleviating global trade tensions began to wane. Investors are exhibiting caution due to ongoing uncertainties regarding the specifics and enforcement of trade agreements. Additionally, the focus will shift to the release of the finalized April inflation figures from Germany and Spain, which could offer further guidance on regional inflationary pressures and the European Central Bank’s policy direction. On the corporate side, earnings reports are anticipated from companies such as E.On, Imperial Brands, and Daimler Truck Holding. In premarket trading, futures for the Euro Stoxx 50 and Stoxx 600 indices were each down by approximately 0.1%, indicating a restrained start to the session.