European stocks are set to open in positive territory Thursday as investors await more earnings reports and interest rate decisions from central banks in the region.
The U.K.’s FTSE 100 index is expected to open 46 points higher at 8,586, Germany’s DAX up 147 points at 23,263, France’s CAC 45 points higher at 7,662 and Italy’s FTSE MIB 230 points higher at 37,960, according to data from IG.
It’s a busy day for earnings, with Maersk, Siemens Energy, Heidelberg Materials, Henkel, Infineon, Lanxess, Puma, Rheinmetall, Bosch, Norwegian Air, Swisscom, Zurich Insurance, Adecco Group, InterContinental Hotels Group and Banco Sabadell all due to report.
Monetary policy announcements are due from central banks today from Riksbank, Norges Bank and Bank of England on Thursday, with the latter widely expected to cut interest rates.