European stocks likely to fall as Fed speeches are the focus.

European stocks are expected to open slightly lower today due to a modest increase in U.S. Treasury yields. The uptick in yields suggests that investors may be shifting their focus towards fixed income investments. This cautious sentiment in the market could lead to a more subdued start for European stocks.

Investors will also be keeping a close eye on corporate earnings reports and any developments regarding the ongoing coronavirus pandemic. Concerns over rising infection rates and the potential impact on economic recovery may further dampen investor sentiment. Nonetheless, optimism surrounding the vaccine rollout and hopes for further stimulus measures could limit the downside potential for European stocks.

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