European shares edge higher after bonds-driven selloff, focus on inflation data

Synopsis Following a sharp selloff, European stocks made a modest recovery, influenced by recent shifts in the bond market. Investors are keeping a close eye on upcoming euro zone inflation data that could steer monetary policy. Additionally, the US nonfarm payrolls figures are eagerly awaited, with estimates suggesting an increase of 90,000 jobs for September. European stocks edged higher on Friday after a sharp selloff driven by the bond market rout, while investors looked ahead to euro zone inflation data and US jobs report for fresh clues on monetary policy outlook. The pan-European STOXX 600 was up 0.4% at 629.18…