Reuters

Canada added 31,800 jobs in June, most of them part-time, while the unemployment rate rose to 6.0 percent as more people sought work.

U.S. job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures.

U.S. stock index futures dipped on Friday after the U.S. and China slapped tariffs on each other’s exports, triggering what Beijing called the “largest-scale trade war.”

The imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by markets on Friday with stocks edging higher.

With Beijing having vowed to respond immediately in kind, the world’s two biggest economies took a high-stakes turn towards all-out trade conflict.

U.S. central bankers discussed whether recession lurked around the corner and expressed concerns global trade tensions could hit an economy that by most measures looked strong

U.S. private payrolls rose less than expected in June while the number of Americans filing for unemployment benefits unexpectedly rose last week.

BOE Governor Carney on Thursday boosted expectations of an interest rate hike next month.

The euro held near three-week highs on Thursday as strong German industrial orders and hopes over a softening in U.S. trade rhetoric towards E.U. carmakers boosted sentiment.

The pound rose to a seven-day high on Thursday as traders strengthened bets on an interest rate hike this summer.