European stocks are poised to open higher as traders anticipate a pivotal week with central bank meetings, particularly the U.S. Federal Reserve, which is expected to announce its first interest rate cut in over four years. Market sentiment reflects a 65% chance of a half-point cut, while economic data, including U.S. retail sales, could influence the decision. The pan-European Stoxx 600 index had a mixed performance recently, closing lower on Monday amid growing concerns over an economic slowdown in China. Meanwhile, the Bank of England and the Bank of Japan are also scheduled to meet, with mixed expectations regarding their monetary policies. Asian markets saw varied responses, influenced by holiday closures and economic data from China. Investors remain cautious as they evaluate the implications of these central bank actions on global markets.