European stock futures rose early Friday while oil headed toward a fourth straight weekly loss. Euro Stox 50 futures gained 0.4%, while in New York, S&P 500 and Nasdaq futures remained relatively unchanged.
Oil prices ended the week lower as West Texas Intermediate remained little changed on Friday morning. This comes as the commodity enters a bear market amid supply shortages.
Investors have turned their focus to the euro zone’s inbound consumer prices later in the day. European Central Bank President Christine Lagarde is also slated to speak, as are US counterparts Chicago Fed President Austan Goolsbee, Boston Fed President Susan Collins, and San Francisco Fed President Mary Daly.