Big news day drives stocks up

Big news day drives stocks up

World share markets have been trading at near record highs so far today, awaiting data on US jobs and the latest policy announcement from the European Central Bank. The US Labor Department’s non-farms payroll data is expected to show an increase for the fifth month in row with around 200,000 extra people in employment. This would further boost views that things are on track for recovery after the tough winter. The ECB announcement will give greater detail to its measures to tackle falling inflation in the Eurozone. Recent data, including worse-than-expected PMI figures, has prompted analysts to call for the Bank to go further than the measures it announced last month. Read the full story.