GLOBAL MARKETS-Asian shares log winning week, look past weak US data

* Spreadbetters see mixed openings for European bourses

* Lacklustre U.S. data lessens chances of June rate hike

* Nikkei wallows below 20,000 level hit last week

* Oil futures skid on OPEC supply after touching 2015 highs

By Lisa Twaronite

TOKYO, April 17 (Reuters) - An index of Asian shares edged away from fresh seven-year highs on Friday but was still on track to score weekly gains, while the dollar languished after lacklustre U.S. economic data made a near-term interest rate hike appear less likely.

Financial spreadbetters expected Britain's FTSE 100 to open up by 12 to 15 points, or 0.2 percent higher. Germany's DAX was seen opening down by 16 to 19 points, or 0.2 percent lower, and France's CAC 40 was seen opening unchanged to down by 4 points, or flat in percentage terms.

Europe's stock markets have lately pushed to multi-year peaks, with both the FTSE and DAX setting record highs this year as new economic stimulus measures from the European Central Bank offset worries about Greece's fiscal woes.

"For Europe this morning, traders will have to decide what has more weight: declining economic fundamentals or the prospect of dovish central banks," Jonathan Sudaria, a dealer at Capital Spreads, said in a note.

MSCI's broadest index of Asia-Pacific shares outside Japan slipped slightly after earlier touching its highest level since January 2008, but was still on track for a weekly gain of over 1 percent.

Hong Kong's Hang Seng index rose 0.4 percent, approaching this week's seven-year highs triggered by inflows from mainland investors.

The Shanghai Composite Index surged 2.6 percent, on track to end up more than 6 percent for the week.

But Japan's Nikkei stock average slipped 1.2 percent, marking a weekly loss around 1.3 percent. After breaking the 20,000 level for the first time in 15 years a week ago, the Nikkei has wobbled below it, with investors wary of Japanese corporate earnings reports slated for release from next week.

"Even though investors expect companies to post big profits at the end of the financial year, the Nikkei's moves may be contained in a small range after companies' modest guidance," said Masayuki Kubota, chief strategist at Rakuten Securities.

UNINSPIRING U.S. DATA

Wall Street ended with modest losses on Thursday amid worries about upcoming corporate earnings, and after another spate of uninspiring economic data.

U.S. housing starts rose far less than expected in March and factory activity in the mid-Atlantic region grew modestly this month, suggesting the economic momentum will probably not be strong enough for the Federal Reserve to decide to start raising interest rates as early as June.

Atlanta Federal Reserve Bank President Dennis Lockhart, a voting member of the Fed's rate-setting committee this year, said the recent "murky" run of U.S. data has him leaning against a June interest rate hike. Lockhart quickly added he was confident the economy will remain on track.

Comments from Cleveland Fed President Loretta Mester and Boston Fed President Eric Rosengren also struck dovish tones.

Fading expectations for a June rate hike pressured the U.S. dollar.

The dollar index, which measures the greenback's performance against a basket of major currencies, last traded at 97.651 . It had set a one-week low of 97.282 on Thursday and is down 1.7 percent so far this week.

"It has been a run of weak data in recent weeks, and that's clearly undermining the dollar at present," said Mitul Kotecha, head of FX strategy, Asia-Pacific for Barclays in Singapore.

The U.S. unit bought 118.98 yen, down slightly on the day and well off this week's high of 120.845.

The euro bought $1.0765, up slightly on the day after climbing as high as $1.0818 on Thursday despite rising concerns about Greece.

Greek Prime Minister Alexis Tsipras told Reuters on Thursday he was "firmly optimistic" his government would reach an agreement with its creditors by the end of April despite friction over issues such as pension and labour reform.

The country's Finance Ministry denied a report by the Financial Times that Athens had approached the International Monetary Fund to request a delay in its loan repayments.

Crude oil prices tumbled in Asian trading, giving back the sharp gains made overnight on news that a tribal group made up of former Al Qaeda militants took control of a major southern oil terminal in Yemen.

Brent crude shed 0.6 percent to $63.57 a barrel while U.S. crude gave up 0.7 percent to $56.29, after both hit 2015 peaks in the previous session, following news Organization of the Petroleum Exporting Countries (OPEC) said its March production surged, adding to a global supply glut.

In other commodities trading, London tin plunged 6.7 percent to more than five-year lows, on growing supply and slack demand.

(Additional reporting by Ayai Tomisawa in Tokyo and Masayuki Kitano in Singapore; Editing by Shri Navaratnam and Eric Meijer)