European equity markets are set to open cautiously on Friday (17/1) as investors prepare for the inauguration of Donald Trump as US President on January 20, amid concerns over potential tariffs that could impact the European economy.
Despite the uncertainty, regional benchmarks are on track for solid weekly gains, supported by signs of easing US inflation, which have strengthened expectations for further Federal Reserve interest rate cuts this year. Meanwhile, investors will be watching UK retail sales data and final Eurozone inflation figures. In pre-market trading, Euro Stoxx 50 and Stoxx 600 futures were mostly flat, with a slight upward bias. (AL)
Source: Trading Economics
