European markets set to open in mixed territory; traders await ECB update

Market Overview - European stocks are expected to open in mixed territory as investors await the European Central Bank's (ECB) rate decision and update [1] - The U.K.'s FTSE index is projected to open 0.13% higher, Germany's DAX 0.14% lower, France's CAC 40 flat, and Italy's FTSE MIB slightly lower [2] Economic Indicators - The ECB is not expected to change its key deposit facility rate, which remains at 2% [2] - Market participants are focused on the ECB's macroeconomic projections for the euro area and the global economy [2] - In the U.S., S&P 500 futures were flat as the market anticipates the August consumer price index (CPI) data [3] - Economists expect the CPI to rise by 0.3% month-over-month, leading to an annual gain of 2.9% [3] - The core CPI, excluding food and energy, is projected to increase by 0.3% from July and 3.1% year-over-year [3] - The producer price index (PPI) showed an unexpected decline of 0.1% month-over-month, with a 12-month increase of 2.6% [3] Regional Market Performance - Japan's Nikkei 225 index reached a record high, reflecting gains seen on Wall Street [4]