European stocks are set to open slightly lower as French politics and upcoming U.S. inflation data take center stage. French PM Francois Bayou’s government faces a crisis over plans to cut $52bn to reduce debt, leading to his resignation. The euro remains stable, and traders await U.S. inflation reports to gauge potential Fed rate cuts. Asian markets are mixed amid global leadership changes. The U.S. considers new sanctions on Russia following Ukraine airstrikes. U.S. stocks closed higher, with the Nasdaq hitting a record high. European stocks rose on Monday, driven by Fed rate cut hopes and French politics.
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