European equity markets were poised for a slightly lower open on Wednesday, as the recent rally fueled by easing global trade tensions began to lose momentum.
Investor sentiment has turned cautious amid lingering uncertainty over the details and enforcement of trade agreements.
Markets will also be focused on final April inflation data from Germany and Spain, which could provide further insights into the region’s price pressures and the European Central Bank’s policy outlook.
On the corporate front, earnings reports are expected from E.On, Imperial Brands, and Daimler Truck Holding, among others.
In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were both down around 0.1%, pointing to a subdued start for the session.