European stock markets are expected to open hesitantly on Thursday as investors remain cautious due to the conflict in the Middle East and upcoming corporate announcements.
In France, luxury group Kering will hold an investor day to introduce its new strategic plan called ReconKering. Pluxee, a former subsidiary of Sodexo specializing in meal vouchers and gifts, has confirmed its financial targets for the 2025-2026 fiscal year, after exceeding analysts’ expectations in the first half.
Property firm Covivio reported revenue growth in constant perimeter for the first quarter of 2026. Exail Technologies, a civil and military robotics expert, confirmed its growth and profitability targets for 2026 following a strong first-quarter performance. Vinci, a construction and concessions group, announced winning a contract for highway construction in the Czech Republic.
Pernod Ricard will present its third-quarter business update, while Icade and Virbac will report their first-quarter sales. Groupe ADP will release its March traffic figures, and Vinci will reveal its airport traffic data for the first quarter.
The day’s economic indicators and events include Eurozone consumer prices for March and weekly US jobless claims. Various speeches and reports from US Federal Reserve officials are also scheduled.
In Europe, stock market futures are mixed in early trading. The hope for renewed US-Iran talks has investors optimistic about easing tensions in the Middle East. Discussions between the US and Iran are reportedly in progress, with positive sentiments from the White House.
On Wall Street, the S&P 500 and Nasdaq Composite hit new record highs on Wednesday, driven by peace talk prospects between Washington and Tehran. Asian markets saw gains, with China reporting economic growth driven by strong exports.
Bond yields and currency exchange rates fluctuated slightly on Thursday morning. Oil prices were mixed as the market anticipates potential negotiations between the US and Iran to stabilize the situation in the Middle East.
Source: Agefi-Dow Jones The financial newswire
[Context: This news article covers European stock market updates, corporate announcements, economic indicators, geopolitical tensions, and international relations regarding the US, Iran, and the Middle East.]
[Fact Check: The content accurately reflects the latest financial and geopolitical developments as reported by Agefi-Dow Jones. Readers can refer to the mentioned sources for more information.]
