European equity markets were set for a subdued start on Wednesday as investors awaited a wave of corporate earnings and key macroeconomic releases.
Major companies reporting today include Airbus, Barclays, GSK, Stellantis, and TotalEnergies, with earnings likely to set the tone for broader market sentiment.
In a bright spot, Swiss banking giant UBS beat expectations with a first-quarter profit of $1.69 billion, offering some early encouragement.
On the economic front, market participants will closely watch first-quarter GDP data from across the euro area, alongside inflation figures from Germany, France, and Italy.
The data will be scrutinized for signals on the region’s growth trajectory and monetary policy outlook.
In premarket trading, Euro Stoxx 50 and Stoxx 600 futures hovered near the flatline, reflecting investor caution.
