Germany's flash PMI survey data for July is due to be released at 3:30 am ET Friday. Economists forecast the manufacturing PMI to ease slightly to 53.4 in July from 54.5 in June and the services index to drop to 53.2 from 53.7.

Ahead of the data, the euro held steady against its major rivals.

As of 3:25 am ET, the euro was trading at 0.8332 against the pound, 1.0867 against the Swiss franc, 1.1019 against the U.S. dollar and 116.78 against the yen.

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