Thursday's session on Wall Street ended with a modest changes in the major indexes but much more interesting things happened in Asia, where was a displacement of sales of the British pound. The entire action lasted 3 minutes not giving anyone a chance to maintain a position on the Forex platforms either through killing SL orders or overload of margin. Unfortunately comes to mind a suspicion of price manipulation and the translations will be linked to alleged technical problems, which takes place in the first articles on the subject. The first comment from the Bloomberg Service as an excuse given the tile Asian market where the set algorithms joined to a sharp drop deepening it further. This event has more in common with the well-known phenomenon of the equity markets (ie. flash crash) than really serious sell-off but it could have an impact on equity markets in Europe.
Today's macro calendar contains a lot of data, but the key info for the markets will be "payrolls data", announced at 14:30 (Warsaw time). It will be the September data on employment change in the US and on the unemployment rate even the dynamics of the hourly rate. Investors bet the strong data on the currency market and it reinforce the dollar. Better than expected data will restore speculations about the December increase in the price of credit in the United States.
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