UPDATE 2-London stocks gain on week; U.S. jobs data, tensions with China weigh

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
* U.S. employment rise beats expectations but falls sharply
m-o-m
* AstraZeneca rises 0.6%; Japan strikes deal for COVID-19
vaccine
* UK confident of Brexit trade deal as EU changing tone
* FTSE 100 up 0.09%, FTSE 250 rises 0.8%
* FTSE 100 gains 2.3% this week after two weeks of losses

(Updates to market close)
By Sagarika Jaisinghani and Susan Mathew
Aug 7 (Reuters) - London's FTSE 100 closed flat on Friday as
a commodity-linked slump offset gains spurred by some upbeat
earnings and AstraZeneca, while an index of more
domestically-focused stocks rose as hopes grew of a trade deal
with the European Union.
Rising U.S.-China tensions, after Washington moved to ban
China's WeChat and Tiktok applications, weighed on sentiment
globally. MKTS/GLOB
Worries over an economic recovery also persisted after U.S.
employment data showed slowing job growth and the White House
struggled with a fiscal aid package. .N "The non-farm payroll report confirmed economic data is
plateauing and that the third quarter rebound everyone expected
is not happening," said Edward Moya, senior market analyst at
Oanda, New York.
The blue-chip FTSE 100 .FTSE was flat, but ended the week
up 2.3%, buoyed by largely upbeat quarterly earnings and
improving local economic data.
Hikma Pharmaceuticals HIK.L and property website Rightmove
RMV.L topped the index as investors cheered their quarterly
earnings updates.
AstraZeneca AZN.L rose 0.6%. Japan said it will order 120
million doses of the experimental vaccine developed by the
drugmaker. Meanwhile, miners .FTNMX1770 .FTNMX1750 and energy
stocks .FTNMX0530 fell as prices of metals and oil slipped.
IRONORE/ MET/L O/R
The mid-cap FTSE 250 .FTMC rose 0.8%. Britain's top
minister overseeing Brexit talks said on Friday he was confident
a free trade deal would be clinched with the European Union as
there had been a distinct change of tone from the bloc in recent
weeks. Industrials and consumer discretionary stocks led gains on
the FTSE 250. Data on Friday showed more British shoppers
returned to the high street in July as lockdowns eased.
London stock markets have tried to climb in August after a
rally stalled in July because of a jump in coronavirus
infections, but investors remain wary after forecasts the
British economy will take longer than expected to return to its
pre-pandemic size. TP ICAP Plc TCAPI.L , the world's largest inter-dealer
broker, fell 7.7% as it signalled a tepid start to the second
half of the year.