Premarket: World stocks, gold gain as investors stay cheery on rate outlook

News Snapshot:

Global equities rose on Wednesday after U.S. employment data reinforced investors’ convictions that rates may soon start to fall, which has pushed down bond yields and lifted gold in the past few trading days. The flow of trade across the markets was relatively calm, with measures of volatility steady around their recent lows, as investors waiting for a read of U.S. private sector job growth later in the day. A separate look at job openings on Tuesday showed a bit more softness than expected but not so much as to point to a steeper slowdown in employment, while activity in...