WORLD HEADLINES – Global stocks rose for a second consecutive week on Friday as investors prepared for an expected run of strong earnings in the United States, although fears about the U.S.-China trade conflict kept gains in check and pushed the dollar higher.
STOCKS – Expectations of a bumper U.S. earnings season and news that China’s overall global export growth beat expectations led European shares up on Friday with industrials and technology sending the pan-European STOXX 600 up 0.2 percent.
BONDS – Treasuries traded higher on the last day of trade for the week.
COMMODITIES – Oil prices have had a wild week with both the main benchmarks suffering heavy losses as traders focused on the return of Libyan oil to the market.
CURRENCIES – The dollar, which has been a safe haven amid global uncertainty over trade, touched 112.775 against the yen, its highest level in six months, boosted by expectations of higher U.S. inflation.
ECONOMIC DATA – Prelim UoM Consumer Sentiment due at 10:00 ET.