FX.co ★ European Markets Poised for Flat Open

European equity markets were poised to open relatively unchanged on Tuesday, as investors continued to evaluate the global economic outlook. Attention was particularly focused on the progress of US-China trade discussions taking place in Spain, alongside anticipation of a potential interest rate cut by the US Federal Reserve later this week. The Bank of England is also scheduled to announce its policy decisions this week, with expectations firmly set on maintaining the current interest rates. On the data front, the focus will be on assessing key economic indicators, including UK unemployment figures, Italian inflation rates, German economic sentiment, and industrial production across the Eurozone. In premarket trading, futures for both the Euro Stoxx 50 and the Stoxx 600 were observed to be either flat or showing slight gains.