European equities were poised to open slightly lower on Thursday, even after the US Federal Reserve cut rates and delivered a less hawkish outlook than markets anticipated.
Technology shares are likely to come under pressure after Oracle’s quarterly miss reignited concerns over the profitability of artificial intelligence investments.
With no major economic data or earnings releases scheduled in Europe, attention turns to next week’s European Central Bank meeting, where policymakers are widely expected to hold rates at 2% and maintain that stance through 2026 as inflation and growth remain broadly aligned with forecasts.
In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were both down about 0.1%.