India, Feb. 14 -- European stocks are seen opening broadly lower on Friday after surging to record highs in the previous session.

U.S. President Donald Trump has signed a Presidential memo on reciprocal tariffs for more balanced trade, with Howard Lutnick, Trump's Commerce Secretary nominee, saying he anticipates the investigation will be complete by April 1.

It is then up to Trump to decide, as of April 2, when to enact any of the new recommended tariffs, he said.

Asian markets were broadly higher, with tech-heavy Hang Seng leading regional gains as U.S. tariff concerns eased.

Japanese markets traded lower due to profit taking following a robust rally.

The U.S. dollar retreated from elevated level, helping lift gold prices higher in A...