Global shares rise, dollar at seven-week high before U.S. payrolls
World shares were steady near two-week highs and the dollar at a seven-week high ahead of U.S. jobs data that will provide the last major signal on the state of the world’s leading economy before its voters pick a president on Tuesday.
Expectations for a strong reading from U.S. non-farm payrolls due at 1230 GMT have been bolstered by a better-than-expected ADP private sector employment report and ISM manufacturing index reading on Thursday.
By mid-morning, the FTSEurofirst 300 index of top European shares .FTEU3 was up 0.2 percent at 1111.90, its highest since October 22, helping keep the MSCI index of world shares steady .MIWD00000PUS at 332.0.