European indices will open up with fluctuating profits, close to unchanged levels, as China's positive data has calmed investors about the global slowdown.
The FTSE will open 7 points lower to 7,462, while the German DAX will open 2 points higher at 12,103 and the French CAC index is expected to open 3 points up to 5,531.
Asian stocks rose on Wednesday after China's economic data wins expectations and showed that gross domestic product (GDP) in the second largest economy in the world grew by 6.4% in the first quarter. Industrial production in China rose 8.5% year-over-year in March, while retail sales grew by 8.7% yoy.
Asia's largest MSCI non-Japan MSCI index is about 0.2% higher due to data, and Japan's Nikkei index has grown by a third of a percentage point.
Market focus is also consistent with corporate profits, as a number of US companies are releasing their first quarter reports this week. Tuesday showed mixed results from Johnson & Johnson, L'Oreal and Netflix, with the streaming giant's shares falling after securing lower-than-expected second-quarter guidance.
BNY Mellon, PepsiCo and Ericsson will announce their earnings for the first quarter today.
In Europe, the UK should publish its report on the consumer price index at 8:30 am London time.
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