European shares little changed before U.S. jobs data, BNP rises
(Adds details, updates prices)
* Investors cautious ahead of US jobs report
* Pan-European index flat in choppy trade
* BNP Paribas rises after cost cutting plan
* Arcelor slumps on capital raising move
By Danilo Masoni
MILAN, Feb 5 (Reuters) - European shares were little changed in choppy trade on Friday with investors reluctant to take up big positions before a key U.S. jobs report that could provide clues on the Federal Reserve's monetary policy outlook.
U.S. employment gains likely slowed in January as the boost to hiring from unseasonably mild weather faded, but an expected rebound in wages and a steady jobless rate will suggest the labor market recovery remains firm.
Nonfarm payrolls probably increased by 190,000 jobs last month, according to a Reuters survey of economists. Continuación...