[credit provider=”commons.wikimedia.org” url=”http://commons.wikimedia.org/wiki/File:Chopper,_meat_axe.jpg”]
Other than the ongoing selloff in commodities, most markets are fairly quiet right now.Spain is getting roughed up a bit. Other European markets are up. Silver is still threatening to plumb fresh lows.
Obviously, all eyes are on the jobs report at 8:30 AM ET.
A quick reminder of what to expect:
- Total change in non-farm payrolls: 185K
- Change in private payrolls: 200k
- Unemployment rate: 8.8%
- Average weekly hours flat at 34.3 hours.
- Average hourly earnings up 0.2%
Oh, and of course, it’s FLASH CRASH anniversary day.