FX.co ★ European Markets Set for Strong Open

On Wednesday, European equity markets are anticipated to open on a positive note, courtesy of improved global sentiment following the announcement of a trade agreement between the United States and Japan. US President Donald Trump disclosed that Japan will be implementing a 15% tariff on its exports to the US, alongside committing to invest $550 billion into the US economy and opening its markets to key American products. In Europe, the focus will shift to the latest consumer confidence data for the region, alongside a new wave of corporate earnings reports. Significant reports are expected from companies such as Iberdrola, Moncler, Thales, Randstad, and UniCredit. During premarket trading, Euro Stoxx 50 futures increased by 1.2%, while Stoxx 600 futures rose by 0.9%, indicating a robust start to the trading session.