💨 Abstract

Global stocks rose and oil prices surged on Friday due to escalating tensions in the Middle East. Markets are cautious ahead of the U.S. nonfarm payrolls report, which could influence monetary policy. The report is expected to show a slight decrease in job additions from the previous month. Oil prices are set for their biggest weekly gain in two years, rising 8.6% this week, due to the increased risk of supply disruptions.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖