Hopes Rise That US Payrolls Back Bets on Fed Pause

A man watches stock quotations on an electronic board outside a brokerage, in Tokyo, Japan, on March 20, 2023. Androniki Christodoulou/Reuters

LONDON—Global shares were steady on Friday as investors scrutinised China’s latest moves to bolster its flagging economy before turning to U.S. jobs data later for clues on whether the Federal Reserve will raise rates this month.

Oil was set to snap a two-week losing streak, heading towards $90 a barrel as tightening supplies put a floor under prices.