European markets are ready for strong gains as the US employment report looms

European equities should start Friday's session on a relatively positive note as investors digested the latest news about trade and the global economy.

With regard to the opening of the session, the FTSE 100 showed an increase of 17 points to 7,274, while the German DAX scored 49 points to 11,995 and the French CAC 40 indicated an inclination of 18 points to 5,289, according to IG.

As the end of another week of trading approaches, European investors will look at the latest non-farm payrolls from the US, to be released during the European afternoon session.

Economists polled by Reuters predict that the United States will create 180,000 jobs in May. However, if the figure is radically different, this could have an impact on the current thinking of the US Federal Reserve regarding interest rates.

The European Central Bank is another bank on which traders remain focused. On Thursday, the ECB decided to postpone its first interest rate hike after the crisis, while raising its inflation expectations.

Elsewhere, the turmoil in trade continues to shake the feathers. US and Mexican officials on Thursday continued their talks with Vice President Mike Pence, who said he was encouraged by the fact that Mexico was ready to do more on immigration, Reuters reported. .

A Bloomberg report released Thursday, meanwhile, hinted that the White House was debating the question of whether to defer tariffs, but press secretary Sarah Huckabee Sanders said the position of the administration had not changed ". Discussions between the two countries will resume and remain an essential topic of discussion on the markets.

Back in Europe, Friday marks the day Theresa May officially leaves her post as Conservative Party Leader of the United Kingdom, but she will retain her post as Prime Minister until a political heir is found .

No major data for the euro area is available on Friday.