European stock markets opened slightly lower Friday, rounding off a largely negative week for global stocks as third-quarter earnings season has ramped up.has shed 1.14% in the week to date, and was down another 0.12% in early deals, with construction stocks leading losses, down 0.53%.for the full year, saying it now expects a double-digit decline rather than a gradual recovery amid weakness in the U.S. and Asia-Pacific.
Germany's DAX is set to open 33 points lower at 19,416, with France's CAC 40 down 11 points at 7,497. The U.K.'s FTSE 100 is seen heading for a cautiously brighter start, up 5 points at 8,279, along with Italy's MIB, seen up 20 points 34,544.CNBC Pro: Short Amazon and Apple as they head for all-time highs, say Itau BBA analysts
The bid rates in Friday's operation ranged from 1.9% to 2.3%, and the total balance of MLF loans now stands at 6.789 trillion yuan, the central bank said.CNBC Pro: The power sector is 'transforming,' Morgan Stanley says, naming global stocks set to rise 40% "Power demand is booming, prices are inflecting, and cost to produce clean power has fallen by a third around the world since 2023, and more so in Asia," the investment bank's analysts outlined in an Oct. 23 note.
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