German shares are little changed in choppy trade on Friday as investors digested mixed earnings results and pondered remarks from ECB President Mario Draghi.
The euro hovered near a seven-month low against the dollar in the wake of dovish remarks from Draghi yesterday.
The benchmark DAX is currently down 2 points or 0.01 percent at 10,699 in late opening deals after rising half a percent in the previous session.
Daimler shares are down about 2.5 percent after the luxury car maker lowered its forecasts for 2016.
SAP shares are climbing more than 3 percent. The software developer raised its full-year guidance despite reporting lower profit in its third quarter due to higher stock-based compensation expenses.
Globally, Asian stocks reversed early gains to close mostly lower today, as oil extended overnight losses and the dollar stood tall on rising expectations of a U.S. rate rise before year-end.
U.S. stock futures point to a lower open as investors eye more earnings and comments from Federal Reserve officials.
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