European markets are expected to open higher despite escalating geopolitical tensions, particularly related to the conflict between Ukraine and Russia.
The FTSE 100, DAX, CAC, and FTSE MIB are all projected to rise. This optimism comes amid market volatility and cautious investor sentiment.
Global markets declined the previous day due to concerns over Russia"s lowered nuclear strike threshold and Ukraine"s use of U.S.-made ballistic missiles. Asian markets also trended lower.
However, U.S. stock futures showed signs of recovery as investors focused on Nvidia"s upcoming earnings report.
Key earnings reports are also expected from Severn Trent and British Land, while U.K. inflation figures will provide further context for market movements.
Burberry"s strategic shift and the potential for investors to buy the dip in its shares are under scrutiny.
Despite the geopolitical climate, the outlook for equity markets remains positive, with central bank interest rate cuts and a resilient global economy contributing to optimism.
The performance of major companies like Nvidia, particularly in the semiconductor space, will be crucial in shaping market sentiment.