Titles:

Markets:

• JPY leads, NZD lags intraday
• mixed European shares; S&P 500 futures down 0.1%
• US 10-year yields up 2.1 bps to 4.701%
• Gold rose 0.4% to $2,681.43
• WTI crude rose 3.1% to $76.19
• Bitcoin rose 3.0% to $94,915

It was a largely quiet session as broader markets braced for the US jobs report later today.

The dollar is generally more stable and fluctuates slightly against all major currencies. USD/JPY fell slightly from 158.35 to 157.61 following reports that the BOJ may still consider a rate hike in January. But concerns over that were short-lived as USD/JPY bounced back to just above 158.00 currently.

Other than that, there wasn’t much notable action among the major currencies. EUR/USD hugged the 1.0300 mark with large options expirations in play, while USD/CHF rose slightly to 0.9140, its highest level since May last year.

Elsewhere, US futures remain more cautious, while bond yields remain buoyed ahead of key data. In the commodities market, gold remains bullish in its push towards $2,680, while oil is also rising and looks poised for a third straight weekly gain.

All is now out on US Non-Farm Payrolls as we look to wrap up the week.