European stocks are expected to open positively as investors await US nonfarm payrolls data. Economists predict a 60,000 job increase in December with unemployment dropping to 4.5%. The Fed is expected to keep interest rates steady but a rate cut is anticipated in the future. Geopolitical tensions rise as Denmark instructs its armed forces to respond to any foreign incursion in Greenland. Asian stocks are mostly up, with China’s consumer inflation accelerating in December. The dollar is higher as the US Senate advances a resolution against further military action in Venezuela. Gold and WTI crude trade lower. U.S. stocks ended mixed, Nasdaq down 0.4%. European stocks also closed mixed on Thursday.
Read more at Nasdaq.: European Shares Seen Higher At Open; US Tariff Ruling Awaited
