British pound hits fresh 31-year low overnight

 US stocks little changed while US dollar advances
US stocks closed almost flat on Thursday ahead of key labour market data which may determine the timing of US rate hike. US dollar strengthened with US dollar index, a measure of a greenback’s value against a basket of six major currencies, rising 0.5% to its 2-month high which weighed on gold. US dollar rose as positive labour market data support the case of the rate hike in US. Today at 14:30 CEST the nonfarm payrolls will come out, Reuters economists expect them to increase by 175 thousand. The chances of December rate hike are currently 64%, according to CME FedWatch tool. Dow Jones industrial average lost 0.07% to 18,268.57,Nasdaq fell 0.14% to 5,308.48 while S&P 500 index edged up 0.1% to 2,161.85. Twitter stocks slumped 20.1% to $19.87 on fears its highly-anticipated auction will get little attention from potential buyers. Wal-Mart stocks fell 3.2% to $69.36 on news about its flat earnings forecast for next year. As to economic data, today at 14:30 CEST the payrolls data, average hourly earnings, change in household employment for September and many other data. At 16:00 CEST the wholesale inventories data will come out. At 19:00 CEST the Baker Hughes US rig count will be known.