European equity markets were set to open lower on Thursday, extending losses from the previous session as optimism that lifted risk assets at the start of the year began to fade amid rising geopolitical and economic uncertainty.
Investors were also positioning ahead of the US Supreme Court’s opinions on the legality of President Donald Trump’s tariffs, as well as the monthly US jobs report that could offer further insight into the labor market and policy outlook.
In Europe, attention will be on German factory orders and French trade data, along with Eurozone releases including economic sentiment, unemployment, and producer inflation.
In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were each down around 0.3%.