LONDON—European shares edged higher and the dollar held firm near an 11-week peak against major peers on Friday as investors awaited remarks from the heads of the Federal Reserve and European Central Bank at a conference in Jackson Hole.
U.S. yields stabilised below 14-year highs. Crude oil found its footing around one-month lows, but remained on course for a second weekly decline amid a firmer dollar and simmering China-centred worries about global growth.
