Headlines:
Markets:
- JPY leads, NZD lags on the day
- mixed European equity; S&P 500 futures down 0.1%
- US 10-year yield up 2.1 bps to 4.701%
- Gold up 0.4% to $2,681.43
- WTI rose 3.1% to $76.19
- Bitcoin rose by 3.0% to $94,915
It was a quiet session for the most part as broader markets prepare for the US jobs report later today.
The dollar is mostly more stable, keeping a light change across the main table of currencies. USD/JPY fell slightly from 158.35 to 157.61 after a report that the BOJ may still consider a rate hike in January. But worries about that were short-lived as USD/JPY was currently rebounding to just over 158.00.
Additionally, there was little specific action among major currencies. EUR/USD kissed the 1.0300 mark with a big option ending in play while USD/CHF is up slightly to 0.9140, the highest level since last May.
In other markets, US futures remain more cautious while bond yields remain ahead of the key data. In the commodity space, gold remains bullish in pushing to $2,680 while oil is also rallying and looks set for its third straight weekly gain.
It's all on the US non-farm payrolls release now as we look towards the end of the week.
