FX.co ★ European Stocks Head for Higher Open

European equity markets were set for a firmer open on Wednesday, mirroring gains across global bourses as worries over potential AI-related disruptions receded. Investor focus is now on Nvidia’s earnings, due later in the day, for clearer guidance on the sustainability of AI-driven demand.

Market participants also tracked US trade developments after Trump used his State of the Union address to criticize the Supreme Court’s recent tariff ruling. In Europe, investors will assess German and French consumer confidence surveys, Germany’s final GDP reading, and the Eurozone’s final inflation data.

On the corporate side, HSBC delivered better-than-expected 2025 earnings projections, underpinned by solid growth in its wealth management business and its core Hong Kong operations. Results from Iberdrola, E.ON and Diageo, among others, are also due. In premarket trading, futures on both the Euro Stoxx 50 and the Stoxx 600 were up by more than 0.1%.