European markets are set for a cautiously higher open on Friday, looking to eke out a positive week as investors watch data, Covid-19 and corporate earnings.
were higher in early premarket trading as Wall Street hovers just below recent record highs after a strong round of earnings from several big names on Thursday.is once again front and center, with multiple countries experiencing record daily caseloads, imposing partial lockdowns and tightening rules on the unvaccinated.
On the data front, U.K. retail sales increased 0.8% month-on-month in October, slightly exceeding the 0.5% expected by economists in a Reuters poll. Excluding fuel, sales grew by 1.6% on the month against a 0.6% forecast, with the country facing spiking energy prices. Final euro zone harmonized inflation figures for October and construction output for September are due at 10 a.m. London time.
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