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US Equity futures point to flat opening

FXStreet (Mumbai) - US Equity futures are trading marginally in the green at the time of writing as investors await the release of the October month Non-farm payrolls data.

The DJIA December futures are trading 0.01% higher at 17,505 levels, while the S&P December futures are trading largely unchanged at 2028 levels. Meanwhile, the VIX futures have edged higher as expected ahead of the critical data release.

The Treasury yields are headed towards a third weekly gain ahead of the Jobs report. The non-farm payrolls (nfp) are expected to show a rise of 231,000 jobs in October after increasing 248,000 in September, according to a Reuters survey of economists, while the jobless rate is seen steady at a six-year low of 5.9%. A strong number is likely to send the equities and the treasury yields higher in the US.

Comex Copper trades flat ahead of the US jobs data

Copper, on the Comex division of the New York Mercantile Exchange, is trading sideways today as investors wait for the monthly US jobs data, which will provide more clues regarding the strength of the US economic recovery.
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BoE's Carney: Volatility risk may affect pace of the normalization process

Speaking at a symposium organized by the Bank of France in Paris on Friday, BoE governor Mark Carney said that the timing of interest rate increases didn't depend on the risk of volatility.
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