European markets were seen opening mixed Friday morning as investors watch out for developments in U.S. politics, new earnings and fresh data.
The FTSE 100 is expected to open marginally up by 0.2 points at 7,691; the German DAX is seen lower by 5 points at 13,257 and the CAC 40 is set to open marginally lower by 0.8 points at 5,484, according to IG.
In Asia, markets moved close to record higher despite losses on Wall Street overnight, over concerns of a likely government shutdown. There’s uncertainty as to whether the U.S. Senate will approve a bill to avoid the shutdown of the U.S. government later on Friday.
Meanwhile, in Europe investors will monitor further earnings reports and data. The German firm ThyssenKrupp will hold its annual general meeting.
There will be retail sales figures out in the U.K. at 9.30 a.m. London time and euro zone current account numbers due at 9 a.m. London time.
On Thursday night, French President Emmanuel Macron said that there cannot be special access for the City of London post-Brexit. If the U.K. wants access to the single market, including the financial services industry, then it will have to contribute to the EU budget and follow European jurisdiction, Macron said following a meeting with U.K. Prime Minister Theresa May, the Financial Times reported.
European stocks seen mixed ahead of earnings, data