European markets are expected to open higher on Friday, despite trade war fears continuing to put global stocks under pressure.
Brexit developments will be closely monitored by investors, with British Prime Minister reportedly expected to announce a departure date on Friday.The FTSE is set to open 20 points higher at 7250.9, the French CAC index is expected to open 16 points higher at 5297.4, and Germany's DAX index is set to open 57 points higher at 12,009.2, according to IG.during Thursday's trading session, as fears mounted about the Sino-U.S. trade war's impact on the world economy.
Asian stocks were also impacted by ongoing concerns around the trade conflict. MSCI's broadest index of Asia-Pacific shares, excluding Japan, was trading around 0.6% lower on Friday, while Japan's Nikkei and the Shanghai Composite were also in negative territory. Politics remains a central focus for European investors on Friday, as an EU-wide election continues into a second day.
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