European-listed shares look set for a mixed open on Friday, amid tentative signs that a peace deal brokered by US President Donald Trump is taking hold in the Middle East.
Futures linked to London's FTSE 100 were last trading 0.2% lower, while companies linked to the French CAC40 were 0.1% higher and German DAX the future was flat. Swiss SMI futures and those linked to those of Italy FTSE MIB were also little changed.
Regional stocks ended Thursday's session on a negative note as deal-making and ongoing political uncertainty in France kept investors' attention.
On Thursday evening, the Israeli government approved the first phase of a peace deal that will see the release of hostages held by Hamas. NBC News reported overnight that it remains unclear whether Hamas will disarm and disband as outlined in Trump's peace plan, but that a ceasefire should take effect within 24 hours under the terms of the agreement.
Back in Europe, Commission President Ursula von der Leyen survived two no-confidence motions on Thursday, with more support from lawmakers than she had in a previous motion to oust her in July.
Investors will also keep an eye on a range of economic data from the region on Friday, including Italian industrial production, a Russian inflation print and Swiss consumer confidence figures.
Switzerland was hit with a 39% tariff rate by the Trump administration in August, which the country's central bank labeled a “major challenge” at its September meeting.
In Asia, chip stocks rose overnight after a week that saw a raft of AI deals closed. On Wall Street, U.S. stock futures were little changed Friday morning as major averages hit new record highs.
