Proactive Investors - Good morning from the Proactive team. The FTSE 100 is set to open higher on Friday after fading into the close on Thursday and as investors eye non-farm payrolls figures as well as a batch of manufacturing PMI releases.
Spread betting firms are calling the lead index up by around 20 points after closing down 34.54 points at 7,439.13 on Thursday.
In New York on Thursday, stocks ended mixed, with the Nasdaq extending its winning run to five days but the S&P 500 and DJIA fell back.
Ipek Ozkardeskaya at Swissquote Bank notes the US economy is expected to have added around 170,000 new nonfarm jobs in August.
“Today, a softer than expected NFP figure, a slight deterioration in the unemployment rate, or softer-than-expected wages data could further cement the idea that the Fed will skip a pause at the September meeting, and maybe at the November as well,” she believes.