Oct 6 (Reuters) - The Ibex-35 showed a slight upward bias on Friday in a scenario of lull in fixed income markets, although the final direction of the day will depend on job creation figures in the United States.

Depending on Friday's performance, the Spanish stock index could seal its worst week since the beginning of August, after experiencing a wave of bond sales at the beginning of the week, which raised yields and thus further tightened financing conditions, reducing risk appetite.

However, in the last few days, the feeling prevailed that, paradoxically, this additional tightening could convince central banks that further interest rate hikes are not necessary to tame inflation, in a climate of fear for economic growth after the drastic interest rate hikes of the last year and a half.

In this sense, a low U.S. employment figure would be interpreted as a symptom of economic weakness and would be received favorably by equities, as markets would assume that monetary authorities would not want to further aggravate the state of the economy with further increases in borrowing costs.

The payrolls report is due at 12:30 GMT, and according to a Reuters poll analysts are expecting 170,000 jobs to be created on net, down from 187,000 in the previous month.

Meanwhile, at 07:07 GMT on Friday, Spain's selective Ibex-35 stock market index was up 11.50 points, or 0.13%, to 9,169.20 points, while the FTSE Eurofirst 300 index of large European stocks was up 0.27%.

In the banking sector, Santander rose 0.65%, BBVA gained 0.31%, Caixabank advanced 0.16%, Sabadell gained 0.36%, and Bankinter gained 0.23%.

Among the large non-financial stocks, Telefónica gained 0.45%, Inditex advanced 0.06%, Iberdrola gained 0.10%, Cellnex fell 0.07% and the oil company Repsol lost 1.60% in an environment of falling oil prices.

(Information by Tomás Cobos; edited by Flora Gómez)