European shares and Wall Street futures post modest rises

European stocks and Wall Street futures rose on Friday ahead of the release of a closely watched US jobs report that will heavily influence whether the Federal Reserve raises rates or leaves them unchanged at its November meeting.

Europe’s Stoxx 600 index and Germany’s Dax added 0.2 per cent and 0.1 per cent respectively in early trading. The moves came a day after eurozone core inflation — which excludes volatile energy and food prices and is closely watched by the European Central Bank — fell to 5.3 per cent in August from 5.5 per cent in July.

London’s FTSE 100 rose 0.3 per cent, led by energy and basic material groups including BP, Shell and Glencore. 

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.

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