European markets are set for a muted open on Friday as investors monitor concerns over a second wave of coronavirus cases and await second-quarter euro zone GDP (gross domestic product) growth estimates.
Britain’s FTSE 100 is seen around 8 points higher at 6,194, Germany’s DAX is set to open around 6 points higher at 13,000 and France’s CAC 40 is expected to inch around 4 points higher to 5,046, according to IG data.
The handover from Asia Pacific is set to be mostly higher, though caution over stalled U.S. stimulus talks continued to weigh on risk sentiment.
President Donald Trump on Thursday announced that he is blocking attempts from Congressional Democrats to include U.S. Postal Service funding and election infrastructure in a potential coronavirus relief bill, furthering his efforts to prevent Americans from voting as polls show him lagging behind Democratic nominee Joe Biden.
The U.K. has imposed a new