EUROPE BEFORE THE BELL: FUTURES ADVANCE, AWAIT HOUSE VOTE
European equity futures are rising on Wednesday on expectations that the U.S. government shutdown could be ending imminently and after a raft of corporate earnings.
The U.S. House of Representatives was heading back to Washington after a 53-day break to vote later on Wednesday, after the Senate on Monday approved a deal to end the longest government shutdown in history.
The possible end to the shutdown has given risk sentiment a boost this week, and that looks set to continue on Wednesday.
Euro STOXX 50 futures FESX1! are up 0.4%. The index STOXX50 has already risen almost 3% on Monday and Tuesday alone and looks set to open at a new record.
DAX DAX1! and CAC (FCEc1) futures are up about 0.4% each, while FTSE
Z1! futures are a touch softer, down 0.1%.
In corporate news, German power producer RWE RWE reported higher than expected profits for the first nine months of the year.
Chipmaker Infineon IFX reported full-year revenue slightly ahead of consensus and significantly raised its 2026 sales target for the AI power supply segment, citing stronger demand.
Bayer BAYN said it expected higher one-off burdens in 2025 from provisions for litigations and for buying out executives in its ongoing restructuring programme.