European equity markets were poised for a subdued open on Friday as caution persisted amid renewed concerns over lofty AI valuations and weak US economic data weighed on sentiment. Investors also awaited fresh German and French trade figures to assess the health of the Eurozone’s two largest economies. On the corporate front, major firms including Daimler Truck, Henkel, and Pirelli are scheduled to release earnings. Meanwhile, Danish drugmaker Novo Nordisk raised its bid for Metsera once again as its takeover battle with Pfizer for the obesity-focused startup intensified. In premarket trade, Euro Stoxx 50 and Stoxx 600 futures hovered flat to slightly higher.