European stocks open mixed, focus shifts to NFP

The European equity markets opened on a mixed note on the final trading day of this week, with the London stocks taking advantage of a weaker pound, while rest of Europe drops ahead of the US non-farm payrolls data.

The UK’s FTSE index is likely to remain underpinned by broad GBP weakness, which will continue to support the exporters’ stocks. The GBP/USD pair witnessed a flash crash in early Asia after a Fat figure erroneous trade was reported by Reuters, which sent the rate crumbling 6% to fresh multi-decade lows.

Meanwhile, Germany's DAX 30 index drops -0.53% to 10,512, while the UK's FTSE 100 index rises +0.40% to 7,028. Among the other indices, the French CAC 40 index declines -0.55% to 4,455, while the pan-European Euro Stoxx 50 index skids -0.82% to test 3k mark.