European markets set to open flat to lower in struggle to find momentum

Market Overview - European stocks are expected to open in flat to lower territory, indicating a struggle for momentum in December [1] - The U.K.'s FTSE index is projected to open 0.12% lower, Germany's DAX flat, France's CAC 40 down 0.16%, and Italy's FTSE MIB just below the flatline [2] Investor Sentiment - Investors are anticipating a potential interest rate cut by the U.S. Federal Reserve during its meeting on December 9-10, with an 87.2% chance of a quarter-point rate cut priced in by traders [2] Central Bank Monitoring - The Bank of England is closely monitoring the Federal Reserve for any potential spillover effects, with about half of the movements in the U.K. yield curve being influenced by external factors [3]