the paneuropean stoxx 600 index was down 04 in early trade with autos shedding 11 to lead losses as all sectors and major bourses slid into the red the european blue chip index enjoyed a strong session on thursday after three major central banks largely delivered on market expectations the european central bank hiked interest rates by 50 basis points and signaled a further hike of the same scale in march vowing to stay the course as it looks to reel in inflation the bank of england also hiked rates by half a percentage point as expected but dropped the word forcefully from its language on future hiking signaling that the end of monetary policy tightening could be near the bank also forecast a much shallower decline in output than previously projected on wednesday the us federal reserve raised its benchmark rate by a quarter percentage point but gave little indication of an imminent end to its hiking cycle investors in europe will be monitoring more corporate earnings releases on friday along with final january pmi purchasing managers index readings and december producer price figures from the euro zone shares in asiapacific were mixed on friday as adani enterprises plunged nearly 20 continuing a selloff triggered by allegations raised by short seller firm hindenburg us stock futures mostly fell in early premarket trade after apple and googleparent alphabet both missed estimates on the top and bottom lines for their december quarters sending tech stocks south investors stateside will also be looking to a key data point friday in the form of the january jobs report