European Markets Set To Open Lower; Ubs, Bnp Paribas, Barclays Record Earnings

The FTSE 100 is seen 42 points lower at 7,396; the German DAX is expected to open 70 points lower at12,125; and the French CAC is seen 32 points lower at 5,146.
European bourses are expected to open lower on Friday morning after U.S. tech shares retreated from recent highs and investors react to a deluge of earnings reports.

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