FX.co ★ European Markets Poised to Open Lower

European stock markets appeared poised for a lower opening on Friday, as investors exercised caution in anticipation of a potential trade agreement between the US and EU. Reports indicate that US and EU officials are nearing a deal that would impose a 15% tariff on a broad range of European products. Additionally, traders are gearing up for a particularly active day in corporate earnings, with significant disclosures expected from companies such as AON, NatWest, Eni, Volkswagen, and Bureau Veritas. In other developments, the European Central Bank maintained its interest rates unchanged on Thursday, as forecasted, and mentioned that disinflation is advancing as per their expectations. In premarket activity, futures for the Euro Stoxx 50 and the Stoxx 600 both declined by approximately 0.2%, suggesting a subdued opening to the trading day.