European stocks set to open higher; Commerzbank, Siemens Energy to report earnings
Carlos Jasso | Afp | Getty Images
Good morning from London, and welcome to CNBC's live blog covering all the action and business news in European financial markets on Wednesday.
Futures data from IG suggests a broadly positive open for European indexes, with London's FTSE 100 seen opening 0.35% higher, France's CAC 40 and Germany's DAX up 0.25%, and Italy's FTSE MIB 0.34% higher.
Global markets will be keeping an eye on the tariff landscape the rest of this week after U.S. President Donald Trump signaled he will announce new tariffs on semiconductors and chips as soon as next week.
"We're going to be announcing [tariffs] on semiconductors and chips, which is a separate category, because we want them made in the United States," Trump told CNBC on Tuesday, adding that he'll announce the new plan "within the next week or so."
Asia-Pacific markets traded mixed overnight on the comments, while S&P 500 futures were near flat Tuesday night as investors analyzed the latest batch of corporate earnings.
— Holly Ellyatt
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