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European stocks look set to open higher on Wednesday, with tech stocks likely to be in focus after Netflix said its subscriber count reached an all-time high in the fourth quarter.
European stocks retreated after a positive start Tuesday morning, and then stayed weak for much of the day's session before finally settling in negative territory, as investors were reluctant to make significant moves ahead of the European Central Bank's monetary policy announcement due later in the week.
European stocks may open higher on Monday after Wall Street returned to record heights Friday on optimism about the outlook for earnings. Asian markets traded mixed, with Chinese and Hong Kong stocks falling sharply to hit multi-year lows as China kept its loan prime rates unchanged.
European stocks were seeing modest gains on Friday ahead of European Central Bank President Christine Lagarde's speech later in the day. She will participate in another panel today in Davos after warning earlier this week that cutting interest rates too soon could threaten Europe's progress in battling the inflation.
European stocks may drift lower at open on Thursday as hopes for early rate cuts faded and Middle East tensions spiked. Asian markets traded mixed, with Chinese stocks leading regional losses on concerns about economic recovery.