Data due at the bottom of the hour
Just ahead of the US and Canada jobs data, the USD is going in as the strongest of the major currencies. The NZD is the weakest. Making the 'risk event' even more risky is the day after the 4th of July hangover in the US that may have traders/investors absent from the activity increasing the liquiidty risk in the process.
In other markets, a snapshot before the numbers are showing:
- Spot gold down -$4.38 or -0.32% at $1411.70
- WTI crude oil at $56.75, -$0.59 r -1.03%
- S&P futures are inplying -7.5 points
- Dow futures are implying -47 points
- Nasdaq futures are implying -20 points
In the US debt market, yields are higher:
European 10 year benchmark yields are also a bit higher (and taking a reprieve from the move lower):
