Fuwei Films To Appoint Yong Fang As CFO After Completion Of Merger With BaiJiaYun

FTSE 100 Flat In Cautious Trade

UK's FTSE 100 was flat a little past noon on Friday with investors largely refraining from making big moves. A report showing an improvement in consumer sentiment supported the market, while data showing an unexpected drop in retail sales appeared to render the mood cautious.

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CAC 40 Roughly Flat In Lackluster Trading

France's CAC 40 was roughly flat a little past noon on Friday in somewhat lackluster trading as investors, digesting the recent policy announcements from the Bank of England and the European Central Bank, awaited the crucial PCE readings from the U.S., after yesterday's data showed an unexpected drop in consumer prices in the month of November in the world's largest economy.

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Bank Of Japan Lifts Policy Rate; Hints At More Hikes

The Bank of Japan raised its benchmark rate by a quarter-point to the highest level in three decades as inflation continued to remain above the target and hinted at further hikes. The policy board, headed by Ueda Kazuo decided, by a unanimous vote, to hike the uncollateralized overnight call rate to "around 0.75 percent" from "around 0.5 percent."

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DAX Down Marginally As Stocks Turn In Mixed Performance

German stocks turned in a mixed performance Friday morning with investors assessing the monetary policy moves by the European Central Bank and the Bank of England, and data showing an unexpected drop in U.S. price growth.

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UK Retail Sales Fall Unexpectedly

UK retail sales dropped unexpectedly in November as the Black Friday effect was slightly weaker than usual, data from the Office for National Statistics showed Friday. Retail sales dropped marginally by 0.1 percent in November from a month ago. The decline confounded expectations for an increase of 0.3 percent but this was slower than October's 0.9 percent decrease.

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