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Pre-Market Trading Report – US Employment Data

UPDATED 6:25 am ET

STOCKS – European stocks fell after the European Central Bank was said to study models for buying as much as 500 billion euros ($591 billion) of investment-grade assets.U.S. stock-index futures were little changed before data that may show 2014 was the strongest year for payroll growth since 1999.
BONDS – Treasury 10-year notes advanced amid investor speculation that strength in the U.S. jobs market will be overshadowed by economic weakness overseas.
COMMODITIES – Oil headed for a seventh weekly decline in New York and London amid speculation that OPEC won’t pare output to reduce a global surplus.
CURRENCIES – The euro fell for a second day against the yen, set for the biggest weekly slide since 2013, as reports from around Europe added to evidence of a deepening slump that may prompt additional stimulus measures.

ECONOMIC DATA –  US Non-Farm Employment Change and CAD Employment Change due at 8:30, FOMC Member Lacker Speaks at 13:20 ET.