Stock markets are expected to open higher ahead of the US jobs report. The Eurostoxx 50 opens at 3,795.13 points (+0.95%), the CAC 40 at 6,500.44 points (+1.27%), the DAX 40 at 14,485.17 points (+1.01%), the FTSE 100 at 7,532.95 points (-0.98%), the SMI at 11,550.20 points (+0.49%), the AEX at 703.44 points (+0.98%), the SMI at 11,550.20 points (+0.49%), the AEX at 703.44 points (+0.98%) 0.32%), the IBEX 35 at 8,744.10 points (-0.04%), the DJIA at 33,248.28 points (+1.33%) and the Nikkei 225 at 27,741.25 points (+1.19%).

As for exchange rates, the change from the close in New York, EUR/USD at 1.0752 (+0.05%), EUR/JPY at 139.58 (+0.03%), and USD/JPY at 129.86 (-0.02%).

European stock markets are expected to open in the green on Friday, after the US indices closed sharply higher the day before. Investors should, however, be cautious before the release of statistics on non-agricultural employment in the United States for the month of May. Around 7:30am, the CAC 40 futures contract gained 45.4 points, or 0.7%, according to data from broker IG Markets. The DAX 40 contract was gaining 127.5 points, or 0.9%. The London Stock Exchange will remain closed on Friday for Queen Elizabeth II's Platinum Jubilee celebrations.

The Tokyo Stock Exchange gained ground this Friday morning, driven by the rise in the retail sector and technology stocks, which are benefiting from the hope of improved retail results and a strong increase in US technology stocks tonight. At the end of the session, the Nikkei index gained 1.2%. The Hong Kong and Shanghai stock exchanges are closed for a holiday on Friday.

The 10-year U.S. Treasury bond yield rose 1 basis point Friday morning to 2.922%, ahead of the May U.S. employment report. The 2-year bond rate rose 2.1 basis points to 2.650%. Figures released Thursday showed that U.S. private sector employment growth slowed in May. Private sector companies created 128,000 net jobs last month, according to the report released by Automatic Data Processing, or ADP, and Moody's Analytics. This number is much lower than the forecasts of economists polled by the Wall Street Journal, who expected the creation of 299,000 new jobs. However, these data are often considered to be a poor indicator of the monthly report on non-agricultural employment.

The euro was almost stable Friday morning against the dollar and the yen, as was the greenback against the Japanese currency, while traders await the release of the report on non-agricultural employment in the United States.

Oil prices fell Friday morning after the Organization of Petroleum Exporting Countries (OPEC) and its allies decided to increase production. However, the fall in oil should be moderate because the increase in production may not be significant, said Warren Patterson, a strategist at ING, in a note. At 7:20 a.m., the August North Sea Brent contract lost 54 cents to $113.76 a barrel. The July contract for light sweet crude (WTI) traded on Nymex sold 57 cents at $116.30 per barrel.