European Shares May See Cautious Start Ahead Of US Jobs Data

From Nasdaq:

European stocks are expected to open with caution as investors await the U.S. Labor Department’s jobs report. Economists are predicting a 170,000 increase in employment for December, with the unemployment rate rising to 3.8 percent. Eurozone inflation and producer prices data and the Bank of Japan’s policy stance are also anticipated. Gold held steady, but oil prices rose after declining due to higher gasoline inventories. U.S. stocks ended mostly lower, while the 10-year Treasury yield neared 4 percent. On the other hand, European markets ended higher on Thursday after falling for two consecutive days, with the STOXX 600 up 0.7 percent.



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