World stocks set to end the week at all-time highs

LONDON: World stocks hit record highs, having gained 11 percent so far this year, and the dollar recovered more ground on Friday as upbeat U.S. economic data allayed concerns over growth ahead of payrolls figures due out later in the day.
Robust U.S. jobs numbers should cement expectations of a Federal Reserve interest rate hike at its June 13-14 policy meeting.
The dollar, coming off its worst fortnight in a year against the euro and the basket of currencies used to measure its broader strength on concern about the Trump administration's ability to deliver a substantial boost to growth, clawed back some of those losses.
The dollar index was little changed although the greenback was up 0.1 percent against the yen. 
"The move this morning is in dollar yen," said Niels Christiansen, a strategist with Sweden's Nordea Bank.
"Good numbers yesterday and the record highs in equities if anything are dollar positive. The data hasn't done a great deal for the dollar recently, but we'll certainly be looking at the wage numbers today - that is crucial for inflation and the rate outlook."