European markets are called to open down on Friday as Europe sets out its Brexit negotiation plan later in the day and the dollar gains.

The FTSE 100 is called to open 31 points down at 7,268, the DAX and CAC 40 look set to also fall opening at 12,249.5 and 5,067 respectively.

The European Union today will unveil its plan for Brexit negotiations on Friday. European Council President Donald Tusk will set out a timeline for the divorce proceedings.

U.S. market futures are also pointing to a fall at open. Dow Jones Industrial Average futures were down 0.23% at 7:10 am London time and S&P 500 mini futures lost 0.29%.

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Investors looked to be pulling back on the final day of the first quarter, with Asia markets pulling back on Friday morning. Japanese shares wiped out their 2017 gains late on Friday with hefty losses in energy companies, consumer staples and the banks.

The Nikkei lost 0.8% to 18,909.26 and Topix Index fell 0.98% to 1,512.6, marking the third straight day of declines for the indices. The Topix is down 0.4% for the year and the Nikkei is down 1.1% om 2017.

Chinese equities rose after an official factory gauge climbed to the highest in five years. The CSI 300 gained 0.38% to 3,449.71. The National Bureau of Statistics said Friday China's purchasing manager index came in at 51.8 in March, up from 51.6 in February. A reading above 50 signals growth in the sector.

The Hang Seng in Hong Kong lost 0.61% to 24,153.94.

The Bloomberg Dollar Spot Index added 0.1% following a 0.4% gain in the previous session.

The South African rand fell significantly after President Jacob Zuma fired his finance minister. The rand dropped 2.3% on Friday after Zuma fired Pravin Gordhan in a bid to tighten his grip over the nation's finances.