FX.co ★ European Markets Poised for Higher Open

European equity markets were poised for a higher opening on Friday, building on the momentum from the previous session. This optimism was fueled by the White House confirming an upcoming meeting between President Trump and President Xi, which bolstered global investor confidence. Across Europe, the focus was on significant economic indicators, including UK's retail sales figures, France's consumer confidence metrics, and various PMI reports throughout the region. On the corporate earnings front, Saab AB and Sanofi were scheduled to release their financial results. Despite facing macroeconomic and geopolitical challenges, the strong earnings season provided support for stocks. In the premarket trading, both Euro Stoxx 50 and Stoxx 600 futures indicated an upward trend of approximately 0.2%.