European Markets Update: Stoxx 600, FTSE, DAX, CAC

Welcome to CNBC's live blog covering all the action and business news in European financial markets on Thursday.

Futures data from IG suggests European markets will open higher, with London's FTSE 100 looking set to open 0.3% higher at 8,799, Germany's DAX 0.2% higher at 23,836, France's CAC 40 also up 0.2% at 7,757 and Italy's FTSE MIB up 0.15% at 39,926.

The positive start in Europe comes after a more mixed day on Wednesday, particularly for the U.K. where bond prices, as well as the FTSE, tumbled sharply.

Those moves came after U.K. Finance Minister Rachel Reeves appeared visibly upset in Parliament on Wednesday as pressure mounted on the government over welfare reforms. The government said Reeves was dealing with a \"personal matter\" and Prime Minister Keir Starmer later said she has his full support.

U.S. stock futures were little changed on Wednesday night as traders braced for June's nonfarm payrolls data. Economists polled by Dow Jones expect that the economy added 110,000 jobs last month. That compares with May's gain of 139,000. Economists also see the unemployment rate inching higher.

In the Asia-Pacific region overnight, Vietnamese stocks climbed to their highest in over three years as investors awaited further details on the U.S.-Vietnam trade agreement that President Donald Trump announced Wednesday.

The U.S. is imposing a 20% tariff on goods imported from the Southeast Asian nation, while the latter will impose \"ZERO Tariff,\" Trump said on Truth Social.

According to the source: CNBC.