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European stocks slightly lower ahead of U.S. earnings releases

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European stock markets opened lower Friday after three straight gains.

This is CNBC's live blog covering European markets.Global gains were powered by dovish comments from U.S. Federal Reserve officials, including Bank of Atlanta President Raphael Bostic, triggering a repricing of bets on another hike this year.Mārtiņš Kazāks, governor of Latvia's central bank, told CNBC he was"quite happy" with current European Central Bank interest rate levels.

Consumer price inflation in France was 4.9% year-on-year in September, coming in at 5.7% on an EU-harmonized basis, both the same readings as the prior month.showed prices cooled 0.5% on a monthly basis, following a 1% rise in August. Food prices were 0.3% lower on the month.was higher for the third consecutive time, rising from 2.6% in August to 3.5% in September; though monthly inflation dipped from 0.5% to 0.3%.The U.K.

The analysts expect the South Asian country to give"one of the highest returns among key markets throughout the world for the next several years."Thursday's consumer price report for September was"modestly hotter-than-expected" and insufficient to stop the Federal Reserve from raising rates one more time before the end of 2023, according to Wolfe Research chief investment strategist Chris Senyek.

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