European markets opened in mixed territory as investors awaited earnings reports and UK inflation data. Recent data indicated UK inflation at 3%, higher than expected. In premarket trading, notable movers included Temenos, which rose by 3.0% following its Q4 results, and BAE Systems, which increased by 1.5% after reporting FY24 results that exceeded estimates and provided initial FY25 guidance. Other significant movers included Schneider Electric (+4.5%) and Centrica (+7.2%). Conversely, BASF and Capgemini saw declines of 1.8% and 7%, respectively. Overall, European indices began the day with slight changes, reflecting cautious investor sentiment amid the earnings season.