European markets look to positive open despite subdued global sentiment

European markets are expected to open in positive territory on Wednesday.

Boeing shares added to the downturn, falling more than 3% on news the company doesn't expect regulators to sign off on the beleaguered jet,In other news, market focus in the region will continue to be on the World Economic Forum in, Switzerland. In a keynote speech Tuesday, U.S. President Donald Trump urged other countries to "put their own citizens first."

He said America's "newfound prosperity" is undeniable and said the country had "achieved this stunning turnaround not by making minor changes to a handful of policies, but by adopting a whole new approach centered entirely on the well-being of the American worker." At WEF on Wednesday, CNBC is hosting a 'Future of Financial Markets' panel featuring U.S. Treasury Secretary Steven Mnuchin, IMF Managing Director Kristalina Georgieva, U.K. Chancellor Sajid Javid and UBS Chairman Axel Weber.

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