European markets opened lower on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets.
The pan-European Stoxx 600 index was down 0.1% shortly after the opening bell, with most sectors and major bourses in negative territory. London's FTSE 100 shed more than 0.1% during early morning deals.Traders in the region are monitoring developments in the U.K. market, as yields on some gilts — British government bonds — hit their highest levels in decades this week.has slumped to its lowest against the U.S. dollar in more than a year, trading at $1.2284 at 7:25 a.m. London time.
, stocks were mostly lower as investors monitored Japanese data prints and reports that the People's Bank of China would suspend treasury bond purchases., as investors braced for the release of December nonfarm payrolls data, with economists polled by Reuters anticipating a slowdown in job openings from the previous month.
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