On Thursday, we get a couple of fairly mid-level announcements coming out so it should be a fairly quiet day. This will be compounded by the fact that the non-farm payroll numbers come out the next day, so we are looking for very little in the way of big moves, but recognize that there are some assets out there that could be affected.

GBP/USD

The British pound could be moved to buy the manufacturing PMI numbers coming out during the day. With this being the case, a positive announcement could very well lead the British pound head of the jobs number on Friday. However, expect any move to be fairly quick and muted.

WTI Crude Oil

Oil markets are highly sensitive to the jobs number, but the one thing that we do recognize is that the market has been falling for several days. With that being the case, you have to think that the put buyers are somewhat encouraged. While not expecting a massive move today, the markets certainly look a bit heavy.

DAX

Although not a lot out there to move the market today as far as news is concerned, the DAX does look as if it is finding quite a bit of a bid underneath current levels. With this being the case, you have to think they call buyers are very interested in this market at the moment.