Investors hold fire ahead of US payrolls

LONDON, May 3 - Investors hunkered down on Friday ahead of key U.S. non-farm payroll numbers that could shift bets on when the Federal Reserve will start cutting rates.

Oil edged higher on the prospect of OPEC+ continuing output cuts, but crude benchmarks were headed for the steepest weekly losses in three months on demand uncertainty and easing tensions in the Middle East reducing supply risks. "I think it will take a little while for many to get used to that after coming out of a such a low interest rate environment for a long period," Osman added.

Hong Kong's Hang Seng Index , opens new tab rose 1.36%, on track for a ninth consecutive day of gains and on its longest winning streak since January 2018.

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