According to CoinMeta, and as reported by Reuters, global stock markets are expected to see their largest weekly gain since May following weak U.S. employment data. On Friday, U.S. stocks opened higher, and Treasury yields fell, reflecting a weakened market expectation for the Federal Reserve to raise interest rates next month. The Nasdaq index rose 0.7% in the early session, the dollar weakened, and the Japanese yen rebounded to 157.20 against the dollar, after previously approaching 159. Global indices rose 2.4% this week, the largest gain in three months. A report from the U.S. Department of Labor showed that employment decreased by 23,000 in July, far below the expected increase of 80,000. Analysts said that this data provides more room for the Federal Reserve to keep interest rates unchanged next month. Tensions have escalated in the Middle East again, with Saudi Arabia warning that Houthi forces supported by Iran are about to launch coordinated attacks. Brent crude oil futures fell 0.7% on Friday to around $82 per barrel. Gold rose nearly 7% this week, showing its best performance since mid-January.