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European stocks set for muted open as investors watch data, earnings and delta variant

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European stocks are heading for a muted open on Friday as investors monitor economic data, corporate earnings and the spread of the delta Covid-19 variant.

European investors will be watching June's euro zone harmonized index of consumer price reading, due at 10 a.m. London time, for an indication of whether inflationary pressures across the bloc are running in line with the European Central Bank's expectations.

caused by the highly-transmissible delta variant continues to weigh on investor sentiment, with several major European countries forced to reimplement social restrictions, while the U.K. will take the gamble of removing its last layer of safeguards from Monday.

 

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