ForexLive European FX news wrap: Markets wait on the US jobs report

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  • AUD leads, JPY lags connected nan day
  • European equities higher; S&P 500 futures up 0.7%
  • US 10-year yields up 1.7 bps to 3.879%
  • Gold level astatine $2,055.44
  • WTI crude up 0.1% to $73.92
  • Bitcoin up 0.2% to $43,191

It was a quiet convention and unsurprisingly truthful I would say. All eyes are connected nan US jobs study coming up later and location was nary existent appetite successful markets to spell moving earlier that.

The dollar is mostly steadier, conscionable marginally little astatine nan balance. The sluggishness is much evident against nan aussie and kiwi, though thing excessively outstanding. AUD/USD is up 0.5% to 0.6605 but is trading backmost successful its consolidation scope pinch nan ceiling astir 0.6615-25 still holding.

Besides that, nan enslaved marketplace is keeping calmer truthful acold coming – astatine slightest for now. 10-year Treasury yields are up somewhat but arsenic we person seen during nan people of this week, nan bids thin to travel later successful US trading. Will it beryllium nan lawsuit erstwhile again today?

As for equities, tech shares are continuing nan rebound from yesterday. S&P 500 futures are now up 0.7% pinch Nasdaq futures up 1.1% connected nan day.

It’s now up to nan non-farm payrolls information to connection nan adjacent play for markets earlier we wrap things up connected nan week.

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