European stocks are expected to open slightly higher as attention turns to the U.S. economic calendar. Key data on consumer spending, incomes, and inflation will be released ahead of next week’s FOMC meeting. Asian markets were mixed, with Japan’s Nikkei falling over 1%. Gold prices rose above $4,200 per ounce, while the dollar index fell for a second week and oil prices were set for a second weekly gain. U.S. stocks closed mixed as investors awaited the Fed’s interest rate decision. Treasury yields rose after a report showed a three-year low in U.S. unemployment claims. U.S. job cuts exceeded 1 million in November due to corporate restructuring and other factors. European stocks closed higher on Thursday, supported by banks and automakers. The German DAX, France’s CAC 40, and the UK’s FTSE 100 all posted gains.

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