03.12. Increase in oil and European stock futures; waiting U.S. employment data

News for today, December 3rd:

European stock markets are expected to open higher on Friday, fueled by a sharp rally on Wall Street. Investors await further news on the Omicron variant and important U.S. employment data. At 2:20 am ET (07.20 GMT), DAX futures in Germany were up 0.4%, CAC 40 futures in France traded 0.7% higher, and FTSE 100 futures in the UK rose 0.4%.

The release of the official monthly U.S. employment report, scheduled for Friday, is also likely to raise investor vigilance. Markets will be looking for clues as to whether the Federal Reserve will increase the pace of its stimulus reduction in December. Oil prices rose after OPEC +, following yesterday's meeting, reserved the possibility of a quick policy change if fuel demand is hit hard by travel restrictions and those caused by the fight against the spread of the new COVID-19 variant.

The price of Brent crude is $ 71.45 per barrel, WTI — $ 68.28. EUR/USD is at 1.1296, GBP/USD — 1.3277, gold is at $ 1,768.19 per ounce.­­­­