1 October 2015 7:05am
European markets were expected to open higher this morning, as investors expect good things from the US nonfarm payrolls report for September.
The FTSE 100 is expected to be up between 15 and 35 points, while the Dax should nudge up seven points and the Cac is expected to rise 45 points at the open.
US jobs data is out later today, and economists are expecting it will show an improvement in the rate of unemployment, bouncing back from softer job growth in August. A Reuters poll suggests the country will have added 203,000 jobs. But if the report is more bullish than current consensus, it could pave the way for the Fed to increase interest rates.
Crude oil prices are rising as fighting in Syria intensifies on the back of Russian airstrikes. However hurrican Joaquin, which was seen as a possible threat to US oil facilities, has been downgraded to a lower risk.
Asian markets were expected to close the week with small gains, but the wider outlook for the region is bleak, despite China's better-than-expected output figures yesterday.
Volkswagen has admitted it will take longer than expected to investigate the full extent of its emissions cheating.
Tech firm Equiniti has announced IPO plans
As many as 15 million people are thought to have been affected by another data breach, this time at T-Mobile.
8:30am US nonfarm payroll data