Good morning and happy jobs day!
Today at 8:30 AM ET, we’ll get the latest Non-Farm Payroll figures for October.
Analysts are expecting 120,000 new jobs, and for the unemployment rate to take up to 7.3% from 7.2%.
A full preview is here.
Meanwhile, in the US and Europe markets are pointing up. One laggard in Europe is France, which has been downgraded by S&P 500.
Today’s action comes after a fairly wild day yesterday, which saw solid losses despite a good GDP report and a rate cut from the ECB.