FX.co ★ European Markets Set for Muted Open

European equity markets were set for an unremarkable opening on Monday, as investors anticipated the US Federal Reserve's likely interest rate cut this week. However, predictions for 2026 remain uncertain. Analysts are bracing for a "hawkish cut," with Chair Jerome Powell potentially indicating a more cautious stance on further monetary easing. In Europe, investors will turn their attention to German industrial production figures, although no significant earnings announcements are expected. Looking ahead, the Swiss National Bank is anticipated to maintain its policy rate at 0% on Thursday. During premarket trading, futures for the Euro Stoxx 50 and Stoxx 600 remained largely unchanged.