European Shares Inch Higher In Cautious Trade Ahead Of US Jobs Data

European equities edged modestly higher in cautious trade, with investors watching oil prices for signals and awaiting the U.S. jobs report later today for clues on the Fed’s rate path. The focus on incoming labor data implies near-term sensitivity to changes in expected interest rates and yields, rather than any single company-specific catalyst.

Analysis

European equities edged modestly higher in cautious trade, with investors watching oil prices for signals and awaiting the U.S. jobs report later today for clues on the Fed’s rate path. The focus on incoming labor data implies near-term sensitivity to changes in expected interest rates and yields, rather than any single company-specific catalyst.