Markets in Europe are set for a strong handover from Asia-Pacific, where Japan's Nikkei 225 led gains across the region on Friday following the overnight bounce stateside. All three major indexes broke out of three straight days of selling on the back of strong labor market data, with weekly initial jobless claims falling to a 14-month low.are pointing to another positive open on Friday as investors look set to continue buying the dip.
The market's volatility this week was exacerbated by a 4.2% jump in the U.S. Consumer Price Index for April, its fastest annual growth rate since 2008, which sparked fears that the Federal Reserve could be forced to tighten its accommodative monetary policy.
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