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European stocks, government bond prices and the euro rose slightly on Friday after the US unemployment rate increased and earnings growth slowed, supporting expectations that the Federal Reserve could cut interest rates by the summer.
The pan-European STOXX 600 was last up 0.2 per cent at a fresh record high.
The euro was up 0.1 per cent against the softer dollar, briefly touching its highest since Jan. 12.
European government bond prices rose, pushing the yield on the German 10-year down 4.5 basis points to 2.24 per cent, its lowest since February 5.
Bond yields move inversely with prices.