International markets were mainly weaker overnight.
In Europe the FTSE added eight points to settle at 5692, whilst the CAC (-1.2%) and DAX (-0.5%) lost ground.
Stateside, the Dow and the S&P 500 fell, retreating from the biggest three-day rally of the year as investors geared up for a jobs report that is likely to show Europe’s crisis is weighing heavily on the US economy.
The Dow shed 47 points (-1.2%) to settle at 12897, whilst the S&P (-0.5%) also lost ground and the NASDAQ finished flat.
The euro slid to the lowest level in more than a month versus the US dollar after ECB President Mario Draghi said the currency bloc still faces risks after policy makers cut interest rates to a record low.
The Canadian dollar strengthened to a two-year high against the euro after the European Central Bank cut interest rates to stimulate the bloc’s economies.
The Aussie dollar was little changed and is currently buying US$1.0280.
Crude dropped in New York after the dollar rose against the euro as ECB President Draghi said economic risks remain after the bank cut rates to a record low.
Crude for August delivery fell 44 cents to settle at $87.22 a barrel on the New York Mercantile Exchange. Prices are down 12% this year.
Gold fell the most in a week on bets that the Federal Reserve may refrain from more U.S. stimulus measures, while the dollar’s rebound eroded the appeal of the metal as an alternative investment.
There is no major local economic data due out during today’s session