European stocks are expected to open slightly higher as investors await the U.S. jobs report. The Fed may cut interest rates at the next meeting, with a 99.4 percent probability according to the CME FedWatch Tool. Economists predict a 75,000 increase in U.S. employment in August. Asian markets were mostly higher after Trump signed a U.S.-Japan trade agreement but remained cautious after his comments on tariffs. The dollar retreated, gold held firm, and oil extended losses. U.S. stocks bounced back with the Nasdaq rallying 1 percent. European stocks closed mostly higher on Thursday.
Read more at Nasdaq: European Shares Set For Steady Open Before US Jobs Report
