In the US, stock futures ticked slightly higher after Thursday’s sharp selloff, when renewed concerns over stretched AI-driven valuations pushed the Nasdaq nearly 2% lower and highlighted the vulnerability of tech sentiment.

Gold advanced to around $4,000 per ounce, supported by soft US labor data that strengthened the case for a December Federal Reserve rate cut. 

The euro edged lower as ECB officials maintained a cautious tone, emphasizing vigilance on inflation while keeping policy options flexible. Energy markets continued to face pressure. Brent crude traded near $63.7 per barrel, on course for a second weekly loss in a row as rising OPEC+ output and increased non-OPEC supply deepened oversupply concerns.

Take a look at today's analysis for more updates!