European markets are expected to open higher as investors try to overcome recent negative sentiment.
Germany's exports increased by 0.5% in the third quarter compared to the same period last year, reaching 384 billion euros.
However, exports to EU countries and the eurozone declined by 1% and 1.5% respectively, while exports to non-EU countries increased by 2.2%.
The United States was the most significant trade partner outside the EU, with exports rising by 3.8% to 41.4 billion euros.
Exports to China, on the other hand, fell sharply by 9.4% to 21.8 billion euros.
European stocks are expected to rise, with the FTSE 100 projected to open 15 points higher, the DAX set to gain 56 points, the CAC 40 anticipated to rise by 23 points, and the FTSE MIB expected to add 158 points.
Samsung Electronics announced a plan to repurchase approximately 10 trillion South Korean won worth of its own shares over the next year, leading to a surge in its stock.
This is Samsung's first share repurchase since November 2017 and is expected to enhance shareholder value.
Top strategist David Sekera suggests that one sector is currently trading at a 5% discount and is well-positioned to perform strongly in a reflationary environment.
Investors are advised to remain vigilant and consider sectors that may benefit from potential economic shifts.