European markets slipped in morning trade Friday.
In economic data, Germany's retail sales fell 0.9% in April, confounding hopes for a rise of 0.4%.
Stocks on the Move
Associated British Foods was up 0.7% following a positive broker call earlier this week.
Aussie miners BHP Billiton and Rio Tinto were down 1.8% and 2.4% each, respectively. Anglo American fell 3.3% while Glencore was down 1.3%. Vedanta Resources fell 1.4%.
BNP Paribas dropped 5.1% after a Wall Street Journal report said the U.S. Justice Department is pushing the lender to pay more than $10 billion to resolve a criminal investigation related to allegations the bank evaded U.S. sanctions against Iran and other countries for years.
Siemens AG was up 0.3% after the company said it would retrench 11,600 positions as it reduces costs by about a billion euros.