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FX.co ★ European Stocks Head for Higher Open

European Stocks Head for Higher Open

European equity markets were poised to open higher on Friday, rebounding from the previous session’s declines as investors played down worries about rising US-Iran tensions. US President Donald Trump warned that Iran had no more than 15 days to reach a deal on its nuclear program or face consequences.

In Europe, investors turned their attention to upcoming UK retail sales figures and German producer price data, as well as PMI releases across the region, for fresh signals on the economic outlook. On the corporate front, several major European companies, including Air Liquide, Danone, and Anglo American, were due to report earnings.

In premarket trading, futures on both the Euro Stoxx 50 and the Stoxx 600 were up around 0.4%.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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