Euro STOXX 50 futures were up 2 points to 3,783, FTSE futures were up 3 points to 7,412, and German DAX futures were up 6 points to 14,288 by 0430 GMT.
Japan’s Nikkei fell from nine-week highs as investors focused on a meeting of Western leaders in Brussels that could lead to more sanctions on Russia.
They are already public data from the manufacturing PMI and the composite of Germany, France and the euro zone. In addition, also at European level, the ECB’s economic bulletin will be published.
In the US, the data to watch will be unemployment benefit renewals and durable goods orders for February.
Acerinox: Credit Suisse raises recommendation from “neutral” to “overweight”, increases target price from 12.6 to 17 euros (Reuters)
The sale of the British subsidiary of Sabadell is not on the table, its president said on Wednesday before its shareholders’ meeting, while its CEO affirmed that the Spanish bank remained vigilant against possible indirect impacts of the war in Ukraine, despite Its limited exposure to the Ukrainian and Russian markets (Reuters)
Amadeus expands by 250 million euros imports of goods issued in one of 2022 (Reuters)
Iberia will recover 85% of its pre-pandemic capacity this summer (Five Days)
Bankinter maintains its plan to earn 550 million euros in 2023 despite the uncertainty (Five Days)
Zardoya postpones the decision on dividends until after the exclusion from the Stock Market after the takeover bid (Reuters)
El Corte Inglés hires Deloitte to launch its crypto exchange in the midst of a regulatory debate (El Confidencial)
Nestlé suspends its brands in Russia, including KitKat and Nesquik (Reuters)
Renault, the Western automaker most exposed to the Russian market, on Wednesday said it was suspending operations at its Moscow plant as it weighs options on its majority stake in Avtovaz, Russia’s No. 1 automaker (Reuters)
Stellantis on Wednesday made significant steps in its battery production aircraft in Europe and North America, at a time when automakers race to meet growing demand for electric vehicles (Reuters)
*ECONOMY AND POLITICS*
The Ukrainian leader made a call for solidarity one month after the beginning of the Russian invasion, and discovered that he will see who betrays his values at the European summits, in which a reinforcement of sanctions and NATO is expected, but in which energy restrictions could cause divisions (Reuters)
Several Federal Reserve policymakers signaled on Wednesday that they are willing to take more aggressive measures to raise inflation, including a possible half percentage point hike in interest rates at their next meeting in May (Reuters)
Britain’s finance minister on Wednesday cut fuel taxes and eased part of an impending payroll tax hike, in a bid to ease heavy cost-of-living pressure amid slowing UK economic growth. United (Reuters)
– Siemens Gamesa Renewable Energy holds the Ordinary General Shareholders’ Meeting in Bilbao (12:00 a.m.)
– Banco Sabadell holds the Ordinary General Shareholders’ Meeting in Alicante (6:00 p.m.)
– Linea Directa Aseguradora holds the Ordinary General Shareholders’ Meeting in Tres Cantos, Madrid (12:30 p.m.)
– Aperam distributes dividend in 2021 of 0.42 euros gross per share