Global Shares Rise as US Jobs Data Misses Expectations
Global shares and bonds gained on Friday after weaker US jobs data reduced expectations for a Federal Reserve rate hike. Meanwhile, falling oil prices provided relief to markets following recent volatility.
Xurve View
Insights:
Xurve View
Global shares rose on Friday as volatility in bond and currency markets eased and oil prices fell. The moves followed weaker-than-forecast US jobs data that reduced the probability of an interest rate hike from the Federal Reserve.
