European markets set for muted open, tracking global caution

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European markets set for muted open, tracking global caution
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David Roche, president of Independent Strategy, explains what's driving markets and why the U.S. economy could avoid a recession altogether.

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 17, 2022.European markets are set for another muted open on Friday, tracking global uncertainty as investors chart the course for monetary policy and continue to digest corporate earnings reports.minutes from the Federal Reserve's July meeting

showed policymakers would not consider pulling back on interest rate hikes until inflation came down substantially, despite a slight slowing in inflation that had offered some hope for a less aggressive tightening path. On the data front, European investors will be digesting July's U.K. retail sales and German producer prices on Friday.

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