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UPDATED 6:05 am ET

STOCKS – World shares slid towards their fourth weekly loss in the last five on Friday, as a boost from a supportive-sounding European Central Bank gave way to caution ahead of closely watched U.S. jobs data.

BONDS – The ECB cut its growth and inflation forecasts and warned of possible further fallout from China. Coupled with a potential delay to a Fed move, euro zone bond yields fell further on Friday, with German 10-year yields hitting their lowest level in nearly a week.

COMMODITIES – Copper fell 1.2 percent to $5,181 per tonne after surging to $5,314 on Thursday, its highest in over three weeks, as bearish investors closed out positions ahead of the U.S. jobs data.

CURRENCIES – The euro also clawed back having been chopped to a two-week low of $1.10875 and a four-month low against the yen by Draghi’s talk of more money printing on Thursday.

ECONOMIC DATA – US Non-Farm Employment Change and CAD Employment Change due at 8:30, CAD Ivey PMI at 10:00 ET.