European stocks may open on a weak note Friday after official data showed China's exports and imports both declined at the end of the year.
Exports posted an annual fall of 9.9 percent in December, almost in line with economists' forecast of -10.0 percent. At the same time, imports decreased 7.5 percent from the last year, compared to the expected fall of 9.8 percent.
Investors also await cues from the U.S. earnings season, with financial giants Bank of America, Citigroup, JPMorgan Chase and Wells Fargo among the companies due to report their quarterly results before the U.S. opening bell.
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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.