Corporate earnings season continues to be in full swing on the last trading day of the week, with several companies scheduled to post their latest figures.
Axis and IHG are some of the names expected to report, while TomTom and Daimler reported before Friday’s market open. After the European closing bell on Thursday, Michelin and AccorHotels reported their latest earnings.
Switching focus to politics, the second day of the EU Summit is set to take place in Brussels, with investors watching the event closely for any developments on certain political, economic or social issues.
On Thursday, Brexit and Catalonia were up for discussion at the summit. When it comes to Brexit, U.K. Prime Minister Theresa May called upon fellow EU leaders to push ahead with negotiations, stressing both sides’ shared interest in security and free trade.
Following May’s appeal, German Chancellor Angela Merkel expressed that she believed talks between both sides were moving forward, rather than fragmenting, according to Reuters.
Elsewhere, investors will likely be keeping a close eye on Catalonia, after news emerged Thursday that Spain’s central government would move to suspend the region’s autonomy after regional leader Carles Puigdemont failed to abandon a bid for independence.