It's a quiet start to the day so far with major currencies mostly little changed ahead of European trading. All eyes are on the US non-farm payrolls so that is likely to make for a bit more of a lull in the session to come.
China is once again stealing the headlines in Asia as they continue their efforts to try and defend the yuan currency.
As we keep the focus on US data later today, the broader market reaction - in particular the dollar and bonds - remains the key thing to watch. That will in turn translate to how equities and risk trades will react in the aftermath later today. It's all about reading into the impact of the data on US economic sentiment and Fed pricing.
Here's a look at the changes in the latter since the US non-farm payrolls last month:
Looking ahead to European trading today, there will be some data points to move things along. But none of which should really have a key influence on proceedings during the session.
0600 GMT - UK August Nationwide house prices
0630 GMT - Switzerland August CPI figures
0715 GMT - Spain August manufacturing PMI
0730 GMT - Switzerland August manufacturing PMI
0745 GMT - Italy August manufacturing PMI
0750 GMT - France August final manufacturing PMI
0755 GMT - Germany August final manufacturing PMI
0800 GMT - Eurozone August final manufacturing PMI
0800 GMT - Italy Q2 final GDP figures
0830 GMT - UK August final manufacturing PMI
That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.
