FX.co ★ European Markets Head for Higher Open

European markets were set to open higher on Friday, continuing a rally that has propelled regional indices to new record levels. This upward momentum coincided with OpenAI's successful $6.6 billion share issuance, valuing the company at $500 billion, thereby boosting optimism in artificial intelligence and its related sectors. Investors are largely disregarding the ongoing US government shutdown, which has yet to demonstrate significant economic repercussions. The spotlight now shifts to the latest Eurozone unemployment reports and Swiss inflation statistics. In premarket activity, Euro Stoxx 50 futures increased by 0.2%, while Stoxx 600 futures advanced 0.3%.