Global shares rise, oil drops as investors await US jobs data
Global equities advanced on Friday, accompanied by a stabilization in bond and currency markets, as oil prices declined. Investors are looking ahead to key US employment figures, which are anticipated to influence future Federal Reserve monetary policy decisions.
Global shares rose on Friday as volatility in bond and currency markets eased, while oil prices fell ahead of key US jobs data that could shape expectations for the Federal Reserve's next policy move. In Europe, longer-dated sovereign bond prices rose on the day, although they remained on track for a third straight weekly fall, as investors also awaited the latest US employment figures.