21.08.202505:45:21UTC+00European Markets Set for Muted Open

European equity markets were expected to open with minimal changes on Thursday, as risk sentiment stabilized and investors awaited crucial signals from central banks and the broader economic landscape. The spotlight remains on the US Federal Reserve's annual Jackson Hole symposium, where traders will closely analyze remarks by Fed Chair Jerome Powell for any signs of a shift in policy, especially regarding the possibility of a near-term rate reduction. Additionally, the release of preliminary purchasing managers index (PMI) reports for the Eurozone and the UK will provide new insights into the region's economic trajectory. The corporate agenda is relatively quiet, with no major earnings announcements slated for today. In early trading, futures for the Euro Stoxx 50 and Stoxx 600 were largely unchanged, illustrating the market's cautious stance in anticipation of the day's events.