welcome to the ft market minute here's
what we're watching in London on Friday
morning well it's not often that US jobs
data push into the shadows but at the
moment it's the oil market that's
capturing everyone's attention Brent
crude at one point in asian trading
tickets lost of the week to nearly 10%
taking the price to a five-month low
below forty seven dollars a barrel in
the process prices have paired a chunk
of the date losses but the latest slide
minute energy prices which comes up in
worries about still ample supply are
reverberating across asset classes
obviously shares and energy companies
are struggling which is weighing on
benchmark indices commodity currencies
have been under the cosh - that means
weakness for the Norwegian kroner and
Aussie dollar for example still wall
street equity futures are well off
session lows as investors remember what
has been a generally well-received
earning season and they look ahead to
the jobs data
economists expect 185 thousand jobs
created in April and that will reinforce
expectations of the Fed will hike rates
again next month the dollar is steady
and the euro is - and of this weekend's
French election