LONDON—European equities slipped slightly on Friday but were still set for a weekly gain, while traders waited for U.S. jobs data due later in the session to give clues as to the health of the world’s largest economy.
The MSCI world equity index, which tracks shares in 47 countries, was up 0.2 percent and on track for a weekly gain of 0.7 percent—marking its third consecutive week of gains.
Asian shares rose overnight but at 0823 GMT the STOXX 600 was down 0.1 percent, France’s CAC 40 and Germany’s DAX were flat. London’s FTSE 100 was down 0.2 percent.
Central banks around the world have been raising interest rates in an attempt to limit surging inflation, but European stocks have recovered to near two-month highs this week….