Global equity markets ended the week with gains on Friday, shrugging off initial shock at U.S. jobs data, but oil prices never fully recovered. Gold climbed to another record high, piercing through the $1,100 an ounce mark after the data, before slipping back as investors decided the jobless numbers were not so bad.

While U.S. President Barack Obama called the data "sobering", the increase in the unemployment rate to a higher-than-expected 10.2 percent, a 26-1/2-year peak, was later discounted after the number of jobs reported lost in August and September were revised down.

The MSCI world equity index rose 0.38 percent while the emerging markets index gained 0.67 percent.

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MARKET REPORTS: > GLOBAL MARKETS-Stocks shrug off US jobs data, gold hits high > MONEY MARKETS-Weak jobs report propels US rate futures > EMERGING MARKETS-Stocks edge up, but lag world market advance > COMMODITIES-Gold sees record high, oil weaker on US jobs data

> US unemployment rate hits 26 year high of 10.2 pct > Freddie Mac posts $5 bln loss, will need more Treasury help > IMF warns G20 against cutting off economic support too soon > G20 finance ministers to pledge economic stimulus stays > AIG posts second straight quarterly profit > Canada Oct job losses rise, reversing recent trend > UK producer input price inflation jumps in Oct > OECD September outlook shows strong recovery signs > BOJ, government clash over risk of return to recession > US productivity surges, job growth should follow > Fannie Mae posts $18.9 bln Q3 loss, taps US Treasury again

> Fed's new dashboard signals no rate hike soon > US Fed curbs agency debt purchases in calculated move > Asia central banks wary of rushing into gold > US dollar losing luster but still reigns globally > Emerging market debt restructuring finds favor > China in no mood to be whipping boy at G20 > Central banks lead subtle shift away from US dollar > G20 to launch drive to rebalance world economy

> TEXT-Federal Reserve statement Nov 3 > G20 progress on financial regulation > Largest US bankruptcies > US legislation on financial systemic risk > TEXT-Bank of Canada monetary policy report > TEXT-G7 communique at Istanbul meeting on Oct 3 > TEXT-Final G20 communique on financial regulation > TEXT-Final G20 communique on framework for economic growth > FSB progress report on G20 financial rules reform (Americas Economics and Markets Desk +1-646-223-6300) Keywords: FINANCIAL/MARKETS LOOK

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