Investors are expecting the European market to open green on Friday, as they wait for the US job data to be released, to indicate whether the US labor market is improving.
The expected US data will determine the following step the Federal Reserve plans to take with the asset-purchasing program.
The European Euro Stoxx 50 index gained 0.21% at 2,648.50, while futures for the French CAC 40 jumped 0.18% to 3,814.50 .The German DAX rose 0.31% at 8,025.30, at the same time the UK’s FTSE 100 futures rose 0.33% to 6,397.80.
Investors await the job data to be released later on Friday. The data is expected to show a drop of 7.5% in the unemployment rate, from previous rate of 7.6%
On Wednesday , data from the world’s largest economy showed that the figures of people employed in the US ,has increased by 188,000 in June ,compared to previous record of 134,000 in May .
Other reports released showed jobless benefits in the US declined by 5000 to 343,000, from previous records of 348,000, according to the Labor Department.
In Germany, factory orders are forecasted to gain 1.2% in May and increase by 0.1% annually after falling 0.4% in April.
Stocks in the Asian market traded higher on Friday, after the European Central Bank and the Bank of England maintained the policies. The Hong Kong, Hang Seng rose by 1.71% to 20,819.13, while the Shanghai Composite gained 0.25% to 2,011.13 in time of writing.
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