European stock futures mixed; recession fears breed nervousness

European stock markets are expected to trade mixed Thursday, with investors fretting about the state of the global economy ahead of next week’s crucial central bank meetings. At 02:00 ET (07:00 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed 0.1%, while the FTSE 100 futures contract in the U.K. fell 0.1%. European investors are likely to retain a state of nervousness as the week nears the end, having been rattled by downbeat comments from top executives at a number of senior banks, predicting that tightening monetary conditions will likely result in a global recession in 2023.