European equity markets were poised to open slightly higher, with Euro Stoxx 50 and Stoxx 600 futures each up around 0.1%. Oil prices retreated after President Donald Trump said renewed attacks on Iran would likely be short-lived, easing concerns about further inflation. Global bond yields also pulled back from recent highs as signs emerged that the bond selloff was losing momentum, reducing pressure on equities. Investors in Europe are due to assess Eurozone PPI (producer-price inflation) and Turkish inflation data, alongside final services and composite PMI (business activity surveys) reports from across the region. In corporate news, activist investor Elliott Investment Management built a sizable stake in Deutsche Telekom AG and said the German telecommunications company should abandon a potential merger with its U.S. arm, T-Mobile US Inc.