European stocks slipped on Friday, following oil and Asian benchmarks lower.
In Frankfurt the Dax slipped 0.29% to 9,833.78 and in Paris the Cac 40 shed 0.22% to fall to 4,283.69.
Brent crude was recently down 0.89% at $47.65 and West Texas intermediate was down 1.2% at $46.14.
S&P 500 mini futures were recently down 0.30%.
In Germany the economy expanded more than expected in the first quarter, rising 0.7% from the fourth quarter and 1.6% on the year. But final consumer price figures for April confirmed deflation had returned to Europe's largest economy. Eurozone GDP figures are due out at 5 a.m. East coast time.
Construction and telecoms conglomerate Bouygues rose 3.8% in Paris as its first-quarter loss came in smaller than expected.
BMW (BAMXY) led the Dax lower, falling about 3.5% as the stock went ex-dividend. Insurer Allianz declined 2.2%.
In Milan Salvatore Ferragamo (SFRGF) leaped more than 5% - despite declining quarter sales in Europe, Asia Pacific and overall - as the luxury goods company made progress on cost control. Both operating and net profit rose.
West Africa-focused gold miner Aureus Mining, which is listed in London and Toronto, plunged almost 17% in London after reporting first-quarter results without news on when production would resume at its Liberia mine after a problem with a detoxification circuit. It is seeking an agreement on a new debt-repayment schedule with its lenders.
In Tokyo the Nikkei 225 fell 1.41% to 16,412.21 as the yen strengthened. The Topix closed down 1.28% at 1,320.19.
In Hong Kong the Hang Seng fell 1.38% to 19,639.77. On mainland China the CSI 300 closed down 0.49% at 3,074.94.