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31.10.202506:07:50UTC+00European Stocks Set to Open Lower

European stock markets were poised to open lower on Friday as regional indices pulled back from record highs, driven by some profit-taking. Despite this, they were still on track to close the month with overall gains. Investors turned their focus to crucial inflation data from the Eurozone, France, and Italy, which could shape the future direction of regional monetary policy. On Thursday, the European Central Bank maintained its interest rates for the third consecutive meeting, citing stable inflation expectations. Meanwhile, the US Federal Reserve implemented another rate cut but cautioned that further reductions in December are not guaranteed. In pre-market trading, futures for the Euro Stoxx 50 and Stoxx 600 declined by 0.2% and 0.3%, respectively.

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