It’s the final countdown to the September non-farm payrolls report.

Take a look at:

Preview: September non-farm payrolls by the numbers

That report highlights the seasonals around this number, which could make it a volatile one. Fed pricing is down to 7.1 bps for this month, which maps to 28%. That could swing on today’s report and the wage numbers in particular. Yesterday’s high prices paid in the manufacturing ISM briefly got the market’s attention.

Today oil is down on European reserve release talk as Trump tries to arm-twist those leaders into boosting his midterms chances. Mostly, markets are upbeat in the lead-up to the release with S&P 500 futures up 0.4%. That’s largely a result of lower oil and isn’t being helped by a drop in Nike shares after another dismal earnings report from that company.

In FX, USD/JPY is down 40 pips to 157.64. After the curious move lower yesterday, eyes will be on intervention as we get closer to the weekend. Elsewhere, the FX moves are small.

Good luck.