Global shares are mostly up as markets anticipate the Fed's move on interest rates

Market Overview - Global shares mostly rose, reflecting record rallies on Wall Street after positive job market updates raised hopes for U.S. Federal Reserve interest rate cuts [2] - France's CAC 40 rose 0.8% to 7,809.80, Germany's DAX edged up 0.6% to 23,856.74, and Britain's FTSE 100 rose 0.2% to 9,263.14 [2] - U.S. shares were mixed with Dow futures down 0.1% at 45,700.00 and S&P 500 futures gaining 0.3% at 6,537.75 [2] - Japan's Nikkei 225 gained 0.9% to finish at 43,837.67, while Australia's S&P/ASX 200 added 0.3% to 8,830.40 [2] - South Korea's Kospi jumped 1.7% to 3,314.53, Hong Kong's Hang Seng rose 1.0% to 26,200.26, and the Shanghai Composite edged up 0.1% to 3,812.22 [2] Economic Indicators - Investors are closely monitoring the U.S. Federal Reserve's potential interest rate cut at its upcoming meeting, which would be the first of the year [2] - A recent report indicated that the U.S. job count may have been overstated by 911,000, or 0.6%, highlighting weaknesses in the job market [2] - The prevailing sentiment on Wall Street suggests that the Fed may prioritize job market concerns over inflation risks due to tariffs [2] Energy and Currency Markets - In energy trading, benchmark U.S. crude rose by 58 cents to $63.21 per barrel, while Brent crude increased by 56 cents to $66.95 per barrel amid rising tensions in the Middle East [2] - The U.S. dollar strengthened to 147.53 Japanese yen from 147.37 yen, while the euro fell to $1.1695 from $1.1714 [2]