Investors are currently processing the Fed, BoE and ECB interest rate movements, as well as the US non-farm payrolls numbers, which are coming later today.

On Friday, Chinese stock indices fell amid broad-based losses as conflicting economic data created some doubts about the timing of an economic rebound this year, while broader Asian markets gained cautiously ahead of critical U.S. nonfarm payrolls data.

Following the relaxation of China's zero-COVID policy, mixed economic data has raised fears about a quick rebound. While the country's services sector recovered dramatically in January following four months of contractions, a private study revealed that smaller-scale manufacturing firms were still struggling in the face of mounting COVID-19 cases and persisting supply chain concerns.

The Hang Seng index in Hong Kong was the poorest performer of the day, dropping 1.8% due to losses in technology firms. The revelation of mixed quarterly profits from major U.S. corporations overnight dampened sentiment in the tech industry.

Following mixed results from a number of top US Tech giants last night, the FTSE 100 is set to begin slightly lower on Friday, following big advances yesterday.

Investors are currently processing the Fed, Bank of England, and ECB interest rate movements, as well as the US non-farm payrolls numbers, which are coming later today.

Analysts anticipate that 185,000 jobs were gained last month, and the data will likely present a clearer picture of the US labour market.

Following the end of the US markets, Amazon lost 5.1% after hours in New York, Alphabet lost 4.6%, and Apple lost 3.2%.

Back in London, no significant corporate announcements are scheduled, but a series of services PMI readings from the UK, US, EU, and Germany are.

(Investing.com, Reuters.com)