For the most part, financial markets were relatively quiet yesterday. The quiet data schedule on both sides of the Atlantic played a role.
Indeed, the only noteworthy news was the monthly US jobless claims statistics. At the same time, the release of the all-important September US non-farm payrolls report loomed on the market horizon.
Today’s focus is on the US macro diary, with the major point of interest being the September payrolls data.
The consensus estimate is for a 170,000 increase. September unemployment and average wages data for the United States are also due. A stronger-than-expected payroll data might see the dollar restart its rise, which has been stopped over the last two days.