European markets head for flat open as Russia-Ukraine fears subside; earnings in focus

Markets around the world rallied on Tuesday after Russia announced that it had begun returning some troops to deployment bases after training exercises near the Ukrainian border.

Heineken, Ahold Delhaize, Air Liquide, MTU Aero Engines and Alcon are among the companies reporting earnings before the bell on Wednesday. LONDON — European markets are set for a muted open as investors assess the geopolitical outlook following Russia's partial withdrawal from the Ukrainian border, while corporate earnings season rumbles on.

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