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European Shares Set to Dip on Inflation Worries

European equities were seen falling on Friday, reversing some of the previous session's gains, as inflation concerns remain high in investors' minds ahead of U.S. consumer prices data.

Oil was flat on Friday, remaining within sight of last week's record price of $139.12 a barrel, which sparked a sell-off in equities worldwide.

Financial bookmakers, or spread betters, in London expected Britain's FTSE 100 index to open between 27 and 36 points lower, the German DAX 30 to 35 points lower, and the French CAC 40 15 to 26 points lower.