{
  "id": 11429129,
  "title": "Global shares gain, bonds supported as oil drops ahead of US jobs data",
  "url": "https://urgent.news/2026/10/02/global-shares-gain-bonds-supported-as-oil-drops-ahead-of-us-jobs-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T08:57:54.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/global-shares-gain-bonds-supported-oil-drops-ahead-us-jobs-data-6425861"
  },
  "original_language": "en",
  "account": "Global shares experienced an increase on Friday as bond and currency markets volatility subsided, and oil prices declined ahead of crucial US jobs data. European longer-dated sovereign bond prices rose throughout the day, with German and French 10-year yields showing a widening gap of over 150 basis points, the largest since the 2011 euro zone debt crisis. Germany's 10-year yield dropped 10 basis points, as investors favored the relative safety of German bonds over their European counterparts. In the US, West Texas Intermediate crude futures fell 3.8% to $89.34 a barrel, while Brent crude futures dipped 2.5% below $100 a barrel. European gasoil futures, used as a benchmark for diesel prices, declined about 5% to $1,382.75 a metric ton. Investors are closely watching US labor market data due later in the day, with expectations of a 90,000 gain in nonfarm payrolls for September and a steady unemployment rate of 4.1%. A strong print in these figures could potentially encourage a second rate increase from the Federal Reserve this month, currently priced at just 25%.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}