European Shares Seen Broadly Higher At Open

European stocks are seen opening broadly higher on Friday as a selloff in chip stocks eased and bond markets stabilized following a heavy sell-off earlier in the week, triggered by AI debt concerns.

Eurozone CPI data for September will be in the spotlight later today against a backdrop of rising interest rates and concerns over France’s debt crisis.

Automakers could be in focus after Bloomberg News reported that the European Union is considering a new trade instrument to respond to economic pressure from China, beyond existing tariffs and trade restrictions.