U.S. payrolls data before Wall St open
U.S. stock index futures firmer
Analysts say Fed set to pause on hikes in Sept
China takes further steps to aid flagging economy

LONDON, Sept 1 Reuters Global shares were steady on Friday as investors scrutinised China39;s latest moves to bolster its flagging economy before turning to U.S. jobs data later for clues on whether the Federal Reserve will raise rates this month.

Oil , was set to snap a twoweek losing streak, heading towards 90 a barrel as tightening supplies put a floor under prices.

Falls in U.S. Treasury yields this week weighed on the dollar , which was on track to snap a sixweek winning run ahead of the pivotal U.S. nonfarm payrolls figures, due before the opening bell on Wall Street.

China stepped up measures to boost the economy, with top banks paving the way for further cuts in lending rates and Beijing also cutting the amount of funds institutions need to hold in foreign exchange reserves.

The MSCI All Country stock index was up 0.13, up more than 13 for the year despite a battering in August when bond yields surged.

Kevin Thozet, a member of the investment committee at Carmignac, said he expects the Fed to leave interest rates unchanged in September, with a 5050 chance of a hike when it meets again in November as steam starts to leave the jobs market.

The U.S. economy is very resilient and keeps postponing the odds of a recession. It means that the soft landing scenario is gaining traction, there39;s…