Asian markets are lower again today, with Nikkei and Hang Seng hardest hit down over 1% as the Yen rallies again closing on a 4% for the week, its biggest weekly gain since 2008.
European equity futures are slightly higher after markets again closed near session lows yesterday, the sell off accelerated in the afternoon session after peripheral bonds sold off after the ECB rate decision and conference call. Today we have French and German trade balance along with German Industrial production.
US markets were at one stage sharply lower but reversed to posþ modest gains in yesterday's session ahead of the key non farm payroll number, consensus is for 163,000.
Philip Ball | Sales and Trading