Economic news

Tension rises amid weak oil and bonds

Global stocks were at the end of the trading week at 6-week lows due to the oil weakness and a spike in bond yields, as well as on expectations of monetary policy tightening, especially in the United States.

Along with the U.S. monthly payrolls data released on Friday and economists polled by Reuters expected U.S. employers increased 179,000 jobs in June, above May of 138,000.

Investors are focused on wage growth and whether spending by U.S. consumer spending will be strong enough to return the U.S. Federal Reserve intention to further tighten policy.

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