•      European shares were mixed Friday morning as investors paused for breath after a stellar rally in the previous session fueled by the European Central Bank (ECB).

The pan-European Stoxx 600 was flat with the different sectors and bourses following opposite directions.

•      Asian shares wobbled on Friday as investors braced for U.S. tariffs against China, while the euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time.

The Asia Pacific MSCI index ex-Japan edged down 0.3 percent and was set for more than a 1 percent weekly loss, with many regional markets shrugging off a strong close on Wall Street.

•      Japan’s Nikkei share average rose on Friday after the European Central Bank announced it would avoid raising rates until mid-2019, but chip-related stocks tumbled as a brokerage slashed the target price of Tokyo Electron.

Semiconductor manufacturing equipment maker Tokyo Electron Ltd stumbled 4.9 percent to 19,080 yen, after Credit Suisse cut its target price to 17,600 yen from19,700 yen.

The Nikkei ended 0.5 percent higher at 22,851.75.

•      Shanghai stocks plumbed a 20-month low on Friday as investors worried rising trade tensions with the United States could add pressure to the country’s economic growth.

The blue-chip CSI300 index fell 0.5 percent to 3,753.43, the Shanghai Composite Index hit its lowest since September 2016 before ending down 0.7 percent at3,021.90.

Referenece: Reuters, CNBC