Europe edges lower ahead of US jobs data
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European equities were fractionally lower on Friday, mirroring Wall Street's cautious session ahead of the monthly US employment report, published later.
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The US dollar is dragged down further to a new low against the euro after US economic data.
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U.S. stocks fell on Thursday as investors locked in profits ahead of jobs data on Friday that could show further weakening in the economy and possibly send equity markets lower.
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U.S. markets seesawed this morning after another day of declines on stock markets in Asia and Europe and ahead of an important round of new economic data scheduled to be released this week.
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European stock markets looked set for a lower open on Wednesday after the Federal Reserve in the US raised interest rates and oil prices crept higher.
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The euro slipped against the dollar and  yen on Tuesday after weaker-than-expected German investor  confidence data, while the dollar was soft ahead of U.S. data,  seen key for interest rate expectations.
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Europe&#39;s main stock markets mainly fell on Tuesday in subdued trade as investors awaited Wall Street&#39;s reopening after a three-day holiday weekend in the United States.
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A weaker-than-anticipated report on the US labor market, showing just 112,000 jobs added in November, disappointed some but confirms a still-sluggish pace of US economic growth, analysts said.
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Wall Street looked poised for a weaker open on Thursday, but data on the U.S. manufacturing sector and the job market could determine the direction of the session.
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Wall Street futures pointed to a lower opening on Wednesday as the market got set to repond to worse than expected data on US worker productivity and continuing fears about inflation.
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Europe&#39;s main stock markets fell on Tuesday in subdued trade as investors awaited Wall Street&#39;s reopening after a three-day holiday weekend in the United States.
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European equities were flat in early trade on Friday as losses for telecoms stocks offset gains for banks in cautious trade ahead of US jobs data later in the session.
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The dollar edged lower against the euro  and the yen in tight trade on Friday ahead of the release of  U.S. jobs data, but dealers said the U.S. currency had not  strayed from its recent rebound.
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The economic outlook for the United  States and Japan weakened slightly in October, but prospects  for the Eurozone improved slightly, according to an early  warning indicator issued by OECD on Friday.
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European equities were sharply lower on Monday after engineering group Caterpillar reported on Friday that the US housing slowdown was hitting the wider economy.
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Europe's major stock markets mainly fell in morning trade before the US Federal Reserve delivers its latest interest-rate decision.
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Wall Street looked set to open lower on Wednesday as the employment picture soured in August after reports showed a surge in lay-offs and the slowest rate of private-sector hiring in more than four years.