European stocks are seen opening lower on Friday as investors wait for U.S. jobs data due later in the day for an update on how a rapid flare-up of Delta variant might affect hiring and wages.
Economists currently expect the report to show employment surged up by 870,000 jobs in July after an increase of 850,000 jobs in June. The unemployment rate is expected to dip to 5.7 percent from 5.9 percent.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.