European markets set to open in mixed territory as investors weigh ceasefire, NATO move

European markets set to open in mixed territory as investors weigh ceasefire, NATO move


Here are the opening calls

The London skyline on Sept. 15, 2023.

Yui Mok – Pa Images | Pa Images | Getty Images

Good morning from London, and welcome to CNBC’s live blog covering all the action in European financial markets on Thursday, 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 0.2% lower at 8,699, Germany’s DAX down 0.3% at 23,509, France’s CAC 40 up slightly at 7,568 and Italy’s FTSE MIB flat at 49,421.

Global markets continue to monitor the ongoing ceasefire between Israel and Iran, and NATO’s decision on Wednesday to hike defense spending from 2% to 5% of gross domestic product by 2035, a move which caused European defense companies to pop. Overnight, Asia-Pacific markets mostly declined, while U.S. stock futures were relatively unchanged.

— Holly Ellyatt

What to keep an eye on today

A close-up view of the illuminated red H&M logo in front of a display of women’s summer dresses and casual apparel at a retail store.

Cheng Xin | Getty Images News | Getty Images

It’s a reasonably quiet day for European data releases, but we’re due to get the latest H&M earnings this morning, as well as Germany’s GfK consumer confidence figures.

— Holly Ellyatt



Source

China and the UK are attempting to reset their relationship — here’s how
World

China and the UK are attempting to reset their relationship — here’s how

Britain’s Prime Minister Keir Starmer addresses a business delegation following his arrival to China, at a hotel in Beijing on January 28, 2026. Carl Court | Afp | Getty Images After years of strained ties, China and the U.K. on Thursday pledged to develop a long-term strategic partnership following a high-stakes meeting between Chinese President […]

Read More
Deutsche Bank beats profit expectations in fourth-quarter earnings
World

Deutsche Bank beats profit expectations in fourth-quarter earnings

Deutsche Bank said Thursday it had record profits during the fourth quarter of 2025. The German lender’s fourth-quarter results statement showed net profit attributable to shareholders came in at 1.3 billion euros ($1.56 billion) for the three-month period. That beat the 1.12 billion euros forecast by analysts. Overall, Deutsche Bank’s group revenues came in at […]

Read More
SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry
World

SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry

The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year. SeongJoon Cho | Bloomberg | Getty […]

Read More