Europe Stocks Gain Before Payrolls; Dollar Rises

Stocks in Europe gained despite a decline in Asia as investors assessed the implications of ongoing trade talks between the U.S. and China. The dollar edged higher ahead of the monthly U.S. jobs report, which is expected to show a bounce-back in hiring following MarchA?a��a�?s weak numbers.

The Stoxx Europe 600 Index increased 0.3 percent as of 8:17 a.m. London time. The U.K.’s FTSE 100 Index advanced 0.4 percent, the largest gain in a week. GermanyA?a��a�?s DAX Index jumped 0.4 percent.

The Bloomberg Dollar Spot Index increased 0.1 percent. The euro declined 0.2 percent to $ 1.1968. The British pound fell 0.1 percent to $ 1.3568, reaching the weakest in 16 weeks on its eighth consecutive decline. The Japanese yen increased 0.1 percent to 109.08 per dollar, the strongest in a week.

Source: Bloomberg

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