FX.co ★ European Markets Set for Higher Open

European equity markets were set to open slightly higher on Friday, as investors awaited significant US economic data ahead of the Federal Reserve's policy decision scheduled for next week. The US central bank is likely to implement an additional 25 basis point rate cut, with expectations for 2 to 3 more cuts throughout the following year. In Europe, attention was on peace talks concerning Ukraine and a series of forthcoming central bank meetings. This includes the Swiss National Bank meeting next week, followed by sessions from the European Central Bank, Bank of England, and Sweden's Riksbank the week after. In premarket activity, Euro Stoxx 50 futures rose by 0.2%, while Stoxx 600 futures remained unchanged.