European markets head for slightly higher open ahead of U.S. jobs report, as commodity prices surge

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

European markets are set for a modestly higher open Friday as global stocks eye a positive week amid surging commodity prices.

The U.S. Labor Department is set to publish April's jobs report at 1:30 p.m. London time on Friday. The report carries extra significance as the Federal Reserve assesses the strength of the labor market recovery in charting its course for monetary policy.

Results will begin to emerge Friday from local and mayoral polls across the U.K. and crucial parliamentary elections in Scotland. It's another busy day for earnings in Europe with Adidas, BMW, Siemens and Credit Agricole among the major blue chips reporting before the bell. European markets are set for a higher open Friday as global stocks eye a positive week amid surging commodity prices, while investors await a key jobs report out of the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.