Europe stocks open mixed as investors eye global data

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Europe stocks open mixed as investors eye global data
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European markets opened mixed after closing out a downbeat month.

European stock markets were mixed at the open on Friday, as investors await a key U.S. jobs report.Oil and gas stocks moved 1.6% higher after analysts raised oil price forecasts for the first time in four months in a Reuters poll released Thursday.

Autos stocks fell 1.26%, however, after a survey from Germany's ifo Institute flagged a deterioration in sentiment among automakers; almost half said a lack of orders was impeding production.It comes after the Stoxx 600 finished August 2.8% lower, according to Eikon data, amid uncertainty over the path of rate hikes,Beijing on Friday gave a boost to global sentiment as the Caixin/S&P global manufacturing purchasing managers' indexThe U.S.

Markets have currently priced in an 89% chance of a pause in September, according to CME's FedWatch tool, but the picture from there is murkier. Fed Chair Jerome Powell

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