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28.10.202506:25:59UTC+00European Markets Poised to Open Lower

European equity markets appeared poised for a subdued opening on Tuesday, pausing after a vigorous rally that had propelled regional benchmarks to unprecedented heights the day before. Investors exhibited caution ahead of several significant developments, including a potential US-China trade agreement, quarterly earnings from leading tech firms, and imminent policy decisions from major central banks. In Europe, the spotlight will be on the release of new car registration statistics and the latest data on German consumer confidence. Meanwhile, on the corporate front, HSBC exceeded expectations with its Q3 revenue, bolstered by its wealth management division, despite setting aside a $1.1 billion provision due to the Bernard Madoff fraud case. In premarket trading, both Euro Stoxx 50 and Stoxx 600 futures indicated a slight decline of approximately 0.2%.

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