European equity markets were set to open higher on Tuesday, building on the previous session’s gains as global technology stocks rebounded from last week’s AI-driven selloff. Oil prices edged lower after President Donald Trump voiced optimism that the conflict involving Iran could be nearing an end following talks with Qatar’s prime minister, helping to ease concerns about inflationary pressures.
Investors remained focused on forthcoming US inflation data, which could shape expectations for the Federal Reserve’s next moves on monetary policy. In Europe, market participants were also awaiting French unemployment figures and Spanish consumer confidence data, alongside corporate earnings from Infineon, Vodafone, Alcon AG, Henkel, Recordati and others.
In premarket trading, Euro Stoxx 50 futures rose 0.8%, while Stoxx 600 futures advanced 0.9%.
