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European markets opened higher Friday morning as sentiment continued to be buoyed by the upcoming presidency of Donald Trump.

The pan-European Stoxx 600 started 0.36 points higher.

Several British lawmakers have said they are prepared to vote against Brexit negotiations after U.K. judges ruled that the government needed parliamentary approval to begin its departure process from the EU. The opposition for Brexit could derail the process and increase the period of uncertainty for investors.

On Thursday, President-elect Donald Trump and President Barack Obama discussed the upcoming transition. After a 90-minute meeting they seemed to have put the rancor that dominated the campaign aside. Trump has announced that immigration and health care will be his key areas when at the White House.

Allianz, Rusal earnings

Allianz reported Friday a net profit of 1.56 billion euros ($1.7 billion), beating forecasts.

Altice posted third-quarter profit ahead of expectations boosted by a solid performance in its US businesses.

OPEC is also due to release its monthly oil market report. The group is meeting at the end of this month in an attempt to cut output. But investors seem increasingly reluctant that this will be the case.

On the data front, Germany inflation data showed Friday that while leisure inflation fell, overall core inflation remained unchanged in the month of October.

First Published:Nov 11, 2016 2:04 PM IST