Asian markets are firmer again this morning, on optimism over US job data due today, and comments from the ECB's Draghi that they will keep interest rates low for an extended period. The Nikkei is almost 2% higher and elsewhere in South Korea Samsung fell by around 3% after releasing profits which missed forecasts.

European equity futures are slightly firmer after indices posted impressive gains yesterday following Draghi's comments. The Euro fell sharply on such comments and now stands at around 1.29 vs the dollar.

US markets will reopen today after being closed for independence day, with futures sharply higher. Today we have the crucial non farm payroll report with consensus at 165k.

Philip Ball | Sales and Trading