1187 late in New York on Thursday, as investor caution prevailed before the non-farm payrolls
Oil prices fell on Monday as oversupply concerns, a firmer dollar and lacklustre US non-farm payrolls
data weighed on global markets, but a rebound in Chinese stocks after a two-day holiday helped prop up prices.
seen up 244,000; eurozone inflation less negative in March
The BLS report said the number of people on non-farm payrolls
decreased on a year-over-year basis, falling to 922,400 in October from 923,000 during the same month in 2013.
The ECB is set to flesh out the aggressive easing plans it announced last month, while bets for a strong non-farm payrolls
number were given a boost on Wednesday as U.
March non-farm payrolls
increased by 192,000 in March, versus expectations for gains of 200,000, while some economists had expected even higher numbers, the Labor Department said.
Looking forward both GDP data (Friday) and non-farm payrolls
(next week) from the US are likely to have a profound effect on sentiment moving forward.
The market was greeted by lower-than-expected non-farm payrolls
in July, prompting speculation that the Federal Reserve could become more cautious about scaling back its quantitative easing.
6 percent in June, employers added only 162,000 jobs to non-farm payrolls
last month, the bureau reported on Friday, down from 188,000 in June, which was revised lower from an initial reading of 195,000.
On Friday, a much anticipated US non-farm payrolls
number was released, slightly beating consensus estimates but at a level that was neither too strong nor too weak.
figures due at 1230 GMT, which could influence the Federal Reserve's stimulus programme after talk intensified this week about the Fed scaling it back in the coming months.
The big focus (Friday) is on non-farm payrolls
as traditionally everyone waits for the official release of the data on US jobs," said Gekko Markets trader Anita Paluch.