Fed Officials Ease Rate Hike Fears, Markets Rebound Amid Ongoing Global Tensions

Markets rebounded Friday after comments from top Federal Reserve officials tempered fears of an interest rate hike at its September meeting.

Fed governor Christopher Waller said his call for a policy move would be guided by incoming data, while New York Fed boss John Williams told CNBC policymakers needed to 'wait and see'.

The comments came as investors prepared for the release of US non-farm payrolls figures, which are seen as crucial to what the Fed announces.

Oil prices ticked higher again amid tensions between the United States and Iran following a flare-up in their six-month-long conflict last weekend.