Stocks higher ahead of US jobs data

The US April job report is due today with economists expecting that a million jobs will have been added last month. The report will be widely watched as an indicator of economic recovery.

Stocks higher ahead of US jobs data

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UK and European stocks are higher this morning, following Asian markets which rose on strong economic data from China. Exports from China rose more than expected in April, with demand for Chinese goods remaining high.

The US April job report is due today with economists expecting that a million jobs will have been added last month. The report will be widely watched as an indicator of economic recovery.

On Thursday, the Bank of England left interest rates and its bond buying program unchanged as expected. The central bank raised its outlook for the economy, anticipating the best year for UK growth since the second world war.

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