FX.co ★ European Stocks Poised for Higher Open

European equity markets are projected to open higher on Thursday, continuing their ascent to record levels following President Donald Trump's signing of a bill to end the longest government shutdown in U.S. history. The global sentiment has been further uplifted by expectations of additional rate cuts from the Federal Reserve due to emerging signs of labor market weakness. In Europe, investors will closely monitor the UK's third-quarter GDP data along with the Eurozone's industrial production figures for September. On the corporate earnings front, reports from companies such as Burberry, Siemens, Merck, Deutsche Telekom, and Enel are anticipated. In premarket trading, futures for the Euro Stoxx 50 and Stoxx 600 have risen by 0.4% and 0.2%, respectively.