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European stocks are seen opening on a mixed note Thursday as traders eagerly await a high-profile meeting between U.S. President Donald Trump and Russian President Vladimir Putin scheduled for Friday. <\/p>\n
After consulting with European leaders, Trump has warned of severe consequences if Putin didn’t agree to a ceasefire agreement after the meeting. <\/p>\n
Meanwhile, Trump said he may name the next Federal Reserve chair “a little bit early” adding that he was down to three or four potential candidates to succeed Jerome Powell. <\/p>\n
On the economic front, U.K. and Eurozone Q2 GDP data along with U.S. reports on weekly jobless claims and producer price inflation may garner some attention as the session progresses. <\/p>\n
Asian markets<\/span> were broadly higher, even as Japan’s Nikkei fell over 1 percent on profit taking after recent strong gains to record highs.<\/p>\n Treasuries were steady after rallying in the prior session while oil rebounded from two-month lows. Gold ticked higher as the dollar extended losses for a third consecutive day.<\/p>\n U.S. stocks rose overnight as tame inflation data released the day before spurred bets of a rate cut at the Fed’s September meeting.<\/p>\n The tech-heavy Nasdaq Composite inched up 0.1 percent and the S&P 500 added 0.3 percent to reach new record closing highs while the narrower Dow climbed 1 percent.<\/p>\n European stocks closed mostly higher on Wednesday on easing trade and geopolitical tensions.<\/p>\n The pan European STOXX 600 gained half a percent. The German DAX and France’s CAC 40 both rose around 0.7 percent while the U.K.’s FTSE 100 edged up by 0.2 percent. <\/p>\n<\/p>\n<\/div><\/div>\n