European equities are set to a mixed open on Friday, with muted moves expected among major indexes.
Futures tied to the FTSE 100 and Germany’s DAX index were last seen trading marginally lower, while those tied to the French CAC 40 and Italy’s FTSE MIB were both up by around 0.1%.
Regional shares ended Thursday’s session higher, putting the Stoxx 600 index on course to end the week unchanged.
U.S. President Donald Trump, who made a state visit to the U.K. this week, is expected to speak with Chinese leader Xi Jinping in a call on Friday. It comes after U.S. and Chinese negotiators reached a framework deal on TikTok’s U.S. business at talks in Madrid, Spain, this week.
Monetary policy has remained in focus this week, with the Federal Reserve cutting its key interest rate on Wednesday and the Bank of England holding rates steady the following day. Norway and Canada’s central banks also trimmed their core interest rates this week.
Traders will also be watching German PPI data, a U.K. retail sales print and a French business confidence update on Friday.
Overnight in Asia, stocks traded mostly higher, with investors reacting to the Bank of Japan making no changes to interest rates. On Wall Street, U.S. stock futures were flat after the major averages hit fresh all-time highs on Thursday.