FX.co ★ European Markets Poised for Quiet Open

European equity markets appeared poised for a restrained opening on Wednesday as investors anticipated a slew of corporate earnings and significant macroeconomic reports. Noteworthy companies on today's earnings agenda include Airbus, Barclays, GSK, Stellantis, and TotalEnergies, with their results expected to influence overall market sentiment. In a positive development, Swiss banking powerhouse UBS surpassed expectations with a first-quarter profit of $1.69 billion, providing some early optimism. Economically, attention will center on first-quarter GDP figures from the euro area, along with inflation data from Germany, France, and Italy. This economic data will be examined for insights into the region's growth trajectory and potential monetary policy directions. In premarket activities, both Euro Stoxx 50 and Stoxx 600 futures remained near stability, reflecting a cautious investor stance.