European stocks are expected to open in mixed territory on Friday, with investors awaiting the release of euro zone inflation data.
The U.K.’s FTSE 100 index is expected to open 7 points higher at 8,285, Germany’s DAX down 13 points at 19,408, France’s CAC down 5 points at 7,173 and Italy’s FTSE MIB down 48 points at 33,261, according to data from IG.
It comes after the pan-European Stoxx 600 index closed up around 0.45% in the previous session.
France’s CAC 40 index rose 0.51% on Thursday, rebounding from a decline on Wednesday even as the country’s risk premium drew level with Greece’s for the first time ongoing political turmoil.
On the data front, investors will closely monitor flash euro zone inflation data for November on Friday. The reading comes ahead of the European Central Bank’s last meeting of the year on Dec. 12.
Across the Atlantic, U.S. markets reopen for a shortened trading session after the Thanksgiving holiday.
Asia-Pacific markets mostly lost ground on Friday, led by losses in South Korean stocks, while strong inflation data from Tokyo boosted expectations of an imminent rate hike from the Bank of Japan.