A mixed employment report on
Friday morning and an even-keel message from U.S. Federal
Reserve Chair Jerome Powell left yields modestly lower, firming
up market expectations the central bank will cut interest rates
by the expected 25 basis points at its September meeting.
European stocks opened flat on Friday
after two sessions of gains, as the effect of this week's upbeat
signals on U.S.-China trade talks and European politics wore
off, with investors' attention turning to U.S. jobs data due
later in the day.