European markets set to open flat after sliding in previous session
U.K. retails sales disappoint
Back in Europe, Germany's finance minister said Friday the economy is on track for a lasting and strong recovery in the third quarter. There will be new growth figures for Germany out next week. In other data news, British retail sales dropped in July by 2.5% from the previous month, according to the Office for National Statistics. Economists argue that rainy weather and the global chip shortage had an impact on how British consumers behaved last month.
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