European markets open at seven-month low on stuttering global sentiment

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European equity markets are poised to open lower Friday, as investors digest comments out of the U.S. and global sentiment stutters.

that the central bank would be"resolute" in its commitment to its 2% mandate. Powell did not lay out a specific policy path but also gave no indication that a further interest rate hike was on the cards.at its last meeting in September, but did suggest there would be one more hike before the end of the year.Investors will also be keeping an eye on a summit happening between U.S. and European Union institutions Friday, where leaders will meet in Washington to discuss trade relations.

7,477 and Germany's DAX 79 points to 14,958. France's CAC is set to drop 45 points to 6,873, and Italy's MIB 226 points down to 27,471.Philadelphia

 

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