European markets were headed for a mixed open on Friday as investors digested the European Central Bank's decision to cut interest rates yet again and awaited fresh economic data and earnings.
Germany's DAX , the U.K.'s FTSE 100 and France's CAC 40 are all expected to slip when markets open, according to IG data, while Italy's FTSE MIB is on track to rise.
The pan-European Stoxx 600 ended Thursday in the green, with almost all sectors and regional bourses trading in positive territory.
It came as the ECB announced its third interest rate cut of the year, lowering the deposit rate by another 25 basis points, as inflation risks in the European Union ease faster than anticipated.
On Friday, investors will be watching the latest U.K. retail sales data and quarterly earnings from Volvo Group.
Persons:
Germany's DAX
Organizations:
Central, CAC, ECB, Volvo Group, Dow Jones
Locations:
European Union, Asia, Pacific, China, Hong Kong