A look at the day ahead in European and global markets from Anshuman Daga
On a thin day for economic data, focus will be on U.K. producer prices and the German IFO.
European stock futures dipped 0.3%, indicating a weaker start for markets, while U.S. stock futures shed 0.5%. Revenue at Europe's largest companies is expected to have risen by just 0.9% in the fourth quarter, Refinitiv I/B/E/S data showed on Tuesday.benchmark index, represents a drop from last week when analysts expected revenue growth of 4%.Investment strategists at Standard Chartered say it is time to fade the rally seen in European stocks and the euro since the lows of September.
They say an unusually warm winter has allayed fears of wide-spread energy shortages and rationing in Europe. China's economic reopening has been another tailwind for European exporters' prospects. But they outlined many challenges for European equities, including stretched technicals and an increasingly hawkish central bank policy.
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