European markets head for lower open ahead of euro zone GDP data, Fed meeting
Publishing timestamp: 2023-01-31 00:40:21
Summary
European markets are expected to open lower on Tuesday as investors focus on the U.S. Federal Reserve's policy meeting. Earnings reports from Pets at Home, UBS, Spotify, and data releases including fourth-quarter eurozone gross domestic product data and preliminary German and French inflation data for January are due to be released. Microsoft's stock has increased despite its disappointing revenue forecast last week, which could be an encouraging sign for other Big Tech companies. Chinese stocks are also rallying, and Wall Street analysts are predicting further gains.
Sentiment: NEUTRAL
Tickers: .STOXX, .FTMIB, .GDAXI, .FTSE, .FCHI, MSFT,
Keywords: breaking news: europe, business news, stoxx 600,