European stock futures were little changed, with the Stoxx Europe 600 Index heading for the biggest weekly drop since March, before a monthly payrolls report in the U.S. Asian shares declined while U.S. futures fluctuated.

BASF SE (BAS), the world’s biggest chemical maker, may move after posting profit that exceeded the average estimate of four analysts polled by Bloomberg. Royal Bank of Scotland Group Plc (RBS) might move after reporting a wider-than-estimated loss. Telephone companies Deutsche Telekom AG (DTE) and Telecom Italia SpA (TIT) will probably be active as earnings declined.

Futures on the Euro Stoxx 50 Index expiring in June advanced 0.1 percent to 2,883 at 7:19 a.m. in London. Contracts on the FTSE 100 Index declined less than 0.1 percent and Standard & Poor’s 500 Index futures rose 0.1 percent. The MSCI Asia Pacific Index slid 1 percent.

“All eyes are going to be on those U.S. non-farm payrolls and expectations are lacklustre at best given the slew of downbeat readings we’ve been seeing in recent days,” said Cameron Peacock, a Melbourne-based market analyst at IG Markets.

A government report at 8:30 a.m. in Washington may show employers in the world’s largest economy hired 185,000 additional workers in April, compared with 216,000 in March, according to a Bloomberg survey of economists. Applications for jobless benefits unexpectedly jumped by 43,000 to 474,000 last week, U.S. Labor Department figures showed yesterday.

Weekly Drop

The Stoxx 600 has declined for three straight days as commodities tumbled and U.S. economic data and European bank earnings disappointed investors. The measure has fallen 2.1 percent so far this week, on course for its biggest weekly retreat since March 18.

Of the 198 companies in the Stoxx 600 that have reported earnings since April 11, 118 have beaten analyst forecasts for per-share profit, according to data compiled by Bloomberg. That compares with 73 percent of U.S. companies in the period.

BASF reported first-quarter profit that beat analysts’ estimates after a rebound in demand for materials and additives used in products from cars to toothpaste. Earnings before interest, taxes and one-time items increased to 2.73 billion euros ($3.9 billion) from 1.95 billion euros a year earlier. Analysts in a Bloomberg survey predicted 2.6 billion euros.

RBS, Britain’s biggest government-owned lender, reported a wider-than-estimated first-quarter loss on charges for using a government insurance program for its riskiest assets.

Phone Companies

Deutsche Telekom, Europe’s biggest phone company, said first-quarter profit fell 37 percent, led by a decline in earnings in the Greek and Romanian divisions.

Telecom Italia, Italy’s largest, said first-quarter earnings fell 8.7 percent, hurt by declining revenue in its domestic market.

Deutsche Lufthansa AG may gain after UBS AG upgraded Europe’s second-biggest airline to “buy” from “hold.”

Clariant AG (CLN), the world’s biggest maker of printing-ink chemicals, reported net income of 105 million Swiss francs ($121 million), compared with analyst estimates of 102.5 million francs and 6 million francs a year earlier.

France’s largest phone-equipment maker, Alcatel-Lucent SA, said it lost 10 million euros in the first quarter.