European stocks are set to open mixed on Wednesday morning, as investors await the release of economic data and corporate earnings.
The FTSE 100 is expected to start 4 points lower at 7,592; while the DAX is seen up 40 points at 13,244 and the CAC 40 is set to open 10 points higher at 5,488, according to IG.
In corporate news, Santander, H&M and Julius Baer Group are among some of the major companies scheduled to report their latest figures on Wednesday morning.
Meanwhile, inflation rate data in the euro area is expected to be reported at around 10 a.m. London time. The European Central Bank (ECB) has long-struggled to bring up core inflation to its aim of around 2 percent. Last week, ECB President Mario Draghi appeared to temper expectations for policy tightening as he said the central bank’s policymakers were yet to see a sustained rise in inflation.
Stateside, during his first State of the Union address since becoming president, Donald Trump called on Republicans and Democrats to work towards a compromise over immigration and infrastructure legislation.
European markets seen mixed amid earnings and economic data