Europe-listed stocks listed are expected to open in mixed territory on Thursday, as investors await the latest U.S. jobs data.
Futures tied to the FTSE 100 were last seen trading 0.2% lower, while those linked to the German DAX index and France’s CAC 40 were flat.
On Thursday, the U.S. Labor Department will release its latest weekly jobs data. Federal Reserve Chair Jerome Powell said on Tuesday that the cooling labor market was overriding concerns about sticky inflation, prompting the central bank’s first interest rate cut of the year.
Back in Europe, investors will be monitoring French and German consumer confidence reports, along with the latest monetary policy update from the Swiss National Bank.
Switzerland was hit with a shock 39% tariff rate on goods it sends to the U.S. over the summer, with the levies now in effect.
Overnight in Asia, stocks moved higher, while U.S. stock futures were little changed.
