Economic calendar: Jobs data in the spotlight

• European indices set for higher opening
• Jobs reports for October from the United States and Canada
• Speeches from Fed and BoE members

European index futures point to a higher opening of the European session, following an upbeat trading on Wall Street yesterday and in Asia-Pacific earlier today. Weakish earnings report from Apple did not derail market sentiment with US index futures extending their bullish streak for the fifth day.

Jobs data from the United States and Canada are key macro releases scheduled for today. As usual US NFP report will draw more attention but given that the two will be released at the same time, USDCAD is likely to experience a volatility jump. ADP data released earlier this week hinted at a weak around-100k jobs growth in the US economy in October. Apart from jobs data, traders will be also offered US services ISM index as well as speeches from BoE and Fed members.

9:30 am GMT - UK, services PMI index for October (final). First release: 49.2

12:30 pm GMT - US, NFP report for October.

• Non-farm payrolls.  Expected: 180k. Previous: 336k
• Private payrolls. Expected: 150k. Previous: 263k
• Unemployment rate. Expected: 3.8%. Previous: 3.8%
• Wage growth. Expected: 4.0% YoY. Previous: 4.2% YoY

12:30 pm GMT - Canada, jobs report for October.

• Employment change. Expected: 22.5k. Previous: 63.8k
• Unemployment rate. Expected: 5.6%. Previous: 5.5%

1:45 pm GMT - US, services PMI index for October (final). First release: 50.9

2:00 pm GMT - US, services ISM index for October. Expected: 53.0. Previous: 53.6

Central bankers' speeches

• 9:00 am GMT - BoE Hauser
• 12:00 pm GMT - Fed Barr
• 12:15 pm GMT - BoE Pill
• 2:00 pm GMT - Fed Barkin
• 4:00 pm GMT - BoE Haskel
• 4:45 pm GMT - Fed Kashkari
• 7:30 pm GMT - Fed Barr