VelocityShares Daily 2x VIX ST ETN (TVIX)

[FreezeThese]

Lol all eyes on Jobs @ 8:30am - might be in for a treat.

Oil's behaving thus far off 1.22%, some of the PM chatter I've been following FWIW:

"If we get a weak payrolls report, if this economy doesn't grow as robustly as we might have expected just a few weeks ago, then it will unleash a parade of horribles onto the stock market"

If the number comes in lower than expected, than it will make investors flee, thinking that the economy is slowing. The ugly side will be seen when oil goes down due to lower demand and a sluggish economy. However, a good jobs report will start chatter about the Fed's interest rate hike.

...

Traders will also keep an eye on signs of pick up in wages for clues on inflationary pressures in the economy. "On payrolls, we are forecasting 188,000 jobs being added, with the jobless rate at 5 percent and wages rising 0.4 percent, month on month," said Ned Rumpeltin, European head of FX strategy at TD Securities.

"If the numbers surprise marginally, then we think the impact on the dollar for today will be constrained as expectations of when the Fed will move are unlikely to be altered." Some large funds have been cutting favourable bets on the dollar amid uncertainty over when the Federal Reserve will raise rates.

http://www.investing.com/economic-calendar/