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European stocks may open on a tepid note Friday as investors await the U.S. Labour Department's closely watched monthly jobs report later in the day for directional cues.
French stocks fell notably on Friday, with interest-rate uncertainty and fears of an escalation of the Israel-Hamas war into a broader regional conflict keeping investors worried.
French stocks were moving higher on Thursday after data showed inflation rose in line with expectations in December. Preliminary figures from INSEE showed EU-harmonized yearly inflation stood at 4.
European shares rebounded from three-week lows on Thursday, with inflation and PMI data in focus. German inflation data is awaited after the latest readings in states pointed to a national rise.
French stocks traded lower on Wednesday as Fed rate cut optimism faded and bond yields rebounded ahead of key U.S. economic data and the release of FOMC minutes that could provide further clues on the Federal Reserve's rate path.