Friday, November 3–Jim Wyckoff’s Morning Markets Report
World stock markets were little changed overnight, ahead of the U.S. employment report for October that is released at 8:30 a.m. EDT. The key non-farm payrolls number is forecast to come in at up 315,000. Look for more active trading in many markets following the jobs report release—especially if the non-farm number is a big miss. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.
There were no major news developments overnight to move the markets.