This is CNBC’s live blog covering European markets.
Good morning from London, and welcome to CNBC’s live blog covering European financial markets action on Wednesday, and the latest regional and global business news, data and earnings.
Futures data from IG suggests a positive start for European markets, with London’s FTSE looking set to open unchanged at 8,764, Germany’s DAX up 0.2% at 23,699, France’s CAC 40 flat at 7,625 and Italy’s FTSE MIB also up 0.3% at 39,673.
Global market sentiment rose Tuesday on bets that the ceasefire between Iran and Israel could last, after a shaky start to the truce that saw President Donald Trump lambast both countries for violations.
Traders are also digesting the latest comments from the U.S. Federal Reserve Chair Jerome Powell, who said Tuesday that the central bank was committed to keeping inflation in check, and would likely keep rates steady until there’s more clarity on how trade tariffs might affect prices.
