Forex news and forex forecasts

28/10/2026 10:16

Eurozone: European Stocks Poised for a Weaker Open.

European equity markets were set to open slightly lower on Wednesday following a two-session rebound, as investors continued to evaluate the outlook for the AI trade amid strong corporate results. Market participants also awaited upcoming policy decisions from the Fed, ECB, and BOJ, with all three central banks widely expected to keep interest rates unchanged while investors assess the possibility of rate hikes in December. Meanwhile, oil prices climbed again amid uncertainty surrounding Israel’s closely contested election and concerns over potential renewed US military strikes against Iran following the midterm elections. In Europe, attention will turn to German consumer confidence data and earnings reports from major banking groups, including UBS Group, Deutsche Bank, BNP Paribas, Santander, and Standard Chartered. In premarket trading, Euro Stoxx 50 and Stoxx 600 futures both slipped around 0.2%.