The US economy likely created jobs at the fastest pace in four months in March as it shifted into a higher gear after being held back by a brutally cold winter.
Employers are expected to have added 200,000 new jobs to their payrol
Gold extended losses to a second session on Monday after strong US jobs data eased worries of an economic slowdown and dimmed the metal's safe-haven appeal.
Fears among Chinese investors over a slowdown in t
The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly a month, a hopeful sign for the labor market, while holiday retail sales rose in November and December.
US employers hired more workers than expected in November and the jobless rate fell to a five-year low of seven per cent, raising chances the Federal Reserve will start pulling back its bond-buying stimulus sooner rather than later.
Brent futures edged above $111 a barrel on Friday, on course to end the week more than 1 percent higher, as traders awaited a US jobs report later in the day and severe weather cut oil production in Europe and the United States.
Brent crude held above $115 a barrel on Friday, set for a fourth weekly rise and supported by concerns that a potential U.S. military strike on Syria may spread unrest in the Middle East and disrupt supply.
Investors also eyed key
Brent crude held above $105 a barrel on Friday and was on course for its strongest weekly gain in a month, ahead of key U.S. jobs data that could bolster confidence in recovery in the world's largest oil consumer.
The United S
US job growth likely picked up modestly in January and the unemployment rate held steady, supporting views the economy's sluggish recovery was on track despite a surprise contraction in the final three months of 2012.
Oil eased to $111 a barrel on Monday as some investors booked profits after last week's gains, although optimism that the world's biggest economies are on a steady recovery path limited the decline.
The crude market rallie
Superstorm Sandy likely put a dent in US employment growth in November, temporarily interrupting a recently established trend of modestly rising payrolls.
Nonfarm employment is forecast to have increased by a paltry 93,000 jobs la