LIVE MARKETS-Europe before the bell: stocks set for firmer open
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EUROPE BEFORE THE BELL: STOCKS SET FOR FIRMER OPEN
European stock futures are trading a touch firmer on Wednesday, following gains in the U.S. and Japan, where major indexes have risen to record highs.
The latest leg up has driven by U.S. inflation data on Tuesday, which saw markets add to bets for a rate cut from the Federal Reserve next month.
That has boosted risky assets and the tone looks to continue this morning in Europe.
Euro STOXX 50 futures STXEc1 are up 0.3%. Futures on the DAX FDXc1, CAC FCEc1 and FTSE FFIc1 are up 0.1%-0.2%.
In corporate news, E.ON EONGn.DE reported a 13% rise in H1 adjusted core profit and maintained its outlook for 2025.
Wind turbine maker Vestas VWS.CO reported a smaller-than-expected operating profit in the second quarter and also maintained its full-year view.
(Samuel Indyk)
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EARLIER LIVE MARKETS POSTS:
STOCK MARKETS CELEBRATE MILD INFLATION DATA CLICK HERE
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