LONDON (Reuters) - World stocks were enjoying the view at an all-time high on Friday, lifted by a week of strong U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years.

European shares were marginally in the red as the dust settled from Thursday's forecast-busting U.S. jobs data and ECB meeting, with investors taking the opportunity to lock in profits after the biggest week of gains since March.

A new three-year peak for Asian stocks overnight meant MSCI's All World share index, which tracks 45 countries, set its fourth consecutive record high, while the dollar, U.S. bond yields and growth-sensitive copper were also up on the week.

"You can't fight the tape, it's as simple as that," said Justin Haque, a broker at Hobart Capital Markets, referring to the deluge of strong data this week, "It's a very bullish scenario."