Trump's Comments Lift European Stocks Amid Easing Inflation Fears

European equity markets are expected to open slightly higher on Thursday, buoyed by a decline in oil prices and easing inflation concerns.

The recent retreat in oil prices is largely attributed to President Donald Trump's statement that renewed attacks on Iran would likely be short-lived, alleviating fears of increased global inflation.

Global bond yields also pulled back from their highs as the recent selloff showed signs of easing, reducing pressure on equities.

In Europe, investors will focus on key economic data releases, including Eurozone PPI and Turkish inflation figures, as well as final services and composite PMI reports from across the region.