European markets are set to open higher as traders monitor escalating tensions in the Ukraine-Russia conflict. The U.K.’s FTSE 100 is expected to rise 4 points, while Germany’s DAX, France’s CAC, and Italy’s FTSE MIB are projected to gain 46, 23, and 118 points, respectively. Key earnings reports from Severn Trent and British Land, along with U.K. inflation data, are also on the agenda.
Asia-Pacific markets opened mostly higher, with Japan"s Nikkei 225 and Topix showing slight gains ahead of key trade data. Economists expect Japan"s exports to rise 2.2% year over year, while imports may drop 0.3%. In China, the benchmark lending rates are anticipated to remain unchanged after recent cuts. Geopolitical tensions are influencing market sentiment, particularly following warnings from Russian President Vladimir Putin regarding nuclear thresholds, which coincided with reports of Ukraine striking the Russian border.
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