European markets set to inch higher with earnings, data and vaccines on the radar

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European markets are set for a fractionally higher open as investors monitor economic data and corporate earnings.

Stocks in Europe are set for a

, where Chinese tech shares listed in Hong Kong bounced on Wednesday after 12 major companies signaled compliance with antitrust laws.. Investors stateside will be looking out for some major earnings releases on Wednesday, with banking giants JPMorgan, Goldman Sachs and Wells Fargo all due to report.'s Covid-19 vaccine after six women under the age of 50 developed rare blood clots after getting the inoculation.

Hawkish Bank of England Chief Economist Andy Haldane will step down from his various roles with the central bank after its June Monetary Policy Committee meeting, the Bank announced Tuesday.posted a sharp rebound in first-quarter earnings after the bell on Tuesday, bolstered by Chinese and American demand for Louis Vuitton handbags and Dior products.

German software giant SAP slightly raised its 2021 revenue outlook on Tuesday after first-quarter earnings showed robust progress in cloud sales, while compatriot plastics companyreported a 14.7% fall in annual profit before the bell, though sales remained resilient.said it expects a fiscal first-half headline loss before tax of between £690 million and £730 million.

On the data front, euro zone industrial production figures for February are due at 10 a.m. London time.

 

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