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• European stocks are expected to open higher Friday morning, as investors monitored a fresh batch of corporate earnings.
Looking to the major bourses, the U.K.'s FTSE 100 is expected to open 14 points higher at 7,568, while the German DAX is set to start on a positive note, up 36 points at 13,475, and the French CAC is poised to open little changed at around 5,508, according to IG.
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• Asian shares took a breather on Friday as investors gave a guarded greeting to Republican plans for massive U.S. tax cuts, while welcoming the appointment of a sober centrist at the helm of the world’s most powerful central bank.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS inched up 0.1 percent, to be just a whisker from its highest since late 2007.
• Shanghai stocks were on track to close at one-month lows on Friday, as anaemic growth in China’s service sector in October broadened worries of an economic slowdown, prompting selling in almost all major sectors.
China’s blue-chip CSI300 index was down 0.5 percent, to 3,977.44 points at the end of the morning session, while the Shanghai Composite Index had lost 0.7 percent, to 3,358.42 points.
• Sentiment was different in Hong Kong, where investors were relieved by the appointment of a centrist at the helm of the U.S. Federal Reserve.
Stocks in Hong Kong rose slightly in morning trading.
The Hang Seng index added 0.3 percent, to 28,606.15 points, while the Hong Kong China Enterprises Index gained 0.1 percent, to 11,606.19.
Reference: Reuters, CNBC
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