04.11.202505:44:43UTC+00European Markets Set for Lower Open

European equities were set to open lower on Tuesday as regional benchmarks continued their decline from recent record highs. Investors took this opportunity to secure gains following a robust rally in the weeks prior. The release of tepid US manufacturing data, along with continued ambiguity concerning the Federal Reserve's policy direction, further weighed on market sentiment. In Europe, the focus shifts to comments from key central bank officials, including ECB President Christine Lagarde, BOE Deputy Governor Sarah Breeden, and BdE Governor Jose Luis Escriva, who are scheduled to speak at various events throughout the day. On the corporate earnings side, BP, Ferrari, and Telefonica are among the major companies expected to release their financial results. In premarket trading, futures for the Euro Stoxx 50 and Stoxx 600 indices fell by 0.4% and 0.3%, respectively.