European stock futures traded slightly higher on Wednesday after Poland reported downing Russian drones that violated its airspace, prompting Prime Minister Donald Tusk to call an emergency meeting. The Polish military is currently searching for the remains of the drones amid heightened security concerns.
On the economic data front, investors await industrial production figures from Spain and Italy, which could provide further signals on the health of the Eurozone economy.
Meanwhile, the focus remains firmly on the European Central Bank’s interest rate decision, scheduled for Thursday, which could set the tone for markets for the rest of the quarter.
Market snapshot (as of 8:02 am CET)
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DAX futures: +0.16%
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CAC 40 futures: +0.26%
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Euro Stoxx 50 futures: +0.33%
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FTSE 100 (8:03 am CET): +0.11%
In currency markets, both the euro (1.17087) and the British pound (1.35357) traded flat against the dollar at 7:59 am CET.
