European markets head for higher open ahead of key inflation reports from the U.S. and Europe

European markets are expected to open higher on Thursday as investors anticipate key inflation reports in the US and Europe. In the US, the personal consumption expenditures price index data for January, the Federal Reserve’s preferred measure of inflation, will be closely watched. In Europe, inflation data for February from Germany, Spain, and France will be released. Several companies are reporting earnings, including AF-KLM, Veolia, Adecco Group, EDP, IAG, Ocado, ITV, Man Group, Schroders, Covestro, and Anheuser-Busch InBev. US stock futures fell overnight, while Asia-Pacific stocks traded mixed.