✉news BusinessMarkets first seen 2 d ago, last 2 d ago, peak #19
Global shares rise as oil slips before US jobs data
Original: Global shares gain, bonds supported as oil drops ahead of US jobs data
Stock markets around the world moved higher while bond prices found support as oil prices fell, according to Reuters. Investors adopted a cautious tone ahead of the release of closely watched US jobs data, which is expected to influence expectations for interest rates. Lower oil prices eased inflation concerns, supporting both equities and fixed-income assets.
Why now: Traders are positioning ahead of the US jobs report, a key signal for interest rate expectations.
ReutersUS labor marketglobal stock marketsoil market
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/741454