FX.co ★ European Markets Set for Lower Open

European equity markets appeared poised for a subdued opening on Friday, continuing the downward trend from the previous session. This follows the announcement by US President Donald Trump regarding new tariffs, which could reach up to 41%, and are scheduled to be implemented today. Investors are also set to analyze recent Eurozone inflation data, which will be pivotal in assessing the European Central Bank's future policy decisions. The spotlight remains on earnings, with significant reports anticipated from companies including AXA, Euronext, IAG, Saint-Gobain, and Pearson. In a separate development, Daimler Truck has revised its full-year sales and profit projections downward, attributing the change to declining demand in North America. In early trading, futures for the Euro Stoxx 50 and Stoxx 600 both declined by 0.6%.