FX.co ★ European Markets Poised for Higher Open

European equity markets were poised for an upward start on Thursday, continuing this week's positive momentum, as disappointing US jobs figures bolstered anticipations for a Federal Reserve rate cut in the upcoming week. In Europe, robust business activity data contributed to a favorable economic outlook, while European Central Bank officials maintained a hawkish stance. Investors are turning their attention to November’s construction PMI readings across the continent and Eurozone retail sales data for October. No significant corporate earnings are expected to be released on Thursday. In premarket trading, Euro Stoxx 50 futures increased by 0.6%, and Stoxx 600 futures climbed 0.5%.