×

European Shares to Rise, Non-Farm Payrolls Eyed

European shares were set to open stronger on Friday, tracking gains in the United States and Asia as the dollar weakened, oil rose and investors eyed key U.S. employment data.

Financial bookmakers expected Britain's FTSE to open up 34-36 points, Germany's DAX up 49-52 points and France's CAC up 29-38 points, making for gains of 0.6-0.8 percent.

Shares managed to limit their fall on Thursday despite the European Central Bank flagging the possibility of a rate increase in July.

Non-farm payroll data from the United States at 1230 GMT is the key macroeconomic release of the day.