Forex
FTSE 100 Set for Cautious Open as US Jobs Data Looms
The UK's FTSE 100 index is set to open cautiously on Friday, September 4, after recovering 0.7% in the previous trading session.
Market attention will be focused on changes in global bond markets, oil prices, interest-rate expectations in the US, and developments in the US-Iran dispute.
The FTSE 100 finished Thursday at 10,831.52, having gained 75.07 points or 0.70%.
Bank stocks surged 1.4%, while precious metal miners climbed 3.4% due to higher gold and silver prices.
Expectations of a US rate hike have been lowered by statements from Federal Reserve Bank governor Christopher Waller, improving global stock sentiment.