Global Markets-Wall Street set for mixed open after sentiment rebounds in European trading

Euro zone government bond yields were steady, with the benchmark 10-year German yield up 1 basis point at 3.1159%.

Currency markets were also calm. The euro was barely changed at $1.1544, while the U.S. dollar index was steady at 99.744.

The Japanese yen was at 157.91 per dollar, having declined slightly over the last two sessions and given back some of the gains it clocked after the U.S. and Japanese governments intervened in the market on Friday.

A report at 1230 GMT is expected to show jobless claims in the week ended August 1 stood at 202,000, up from 197,000 the week before. The greater focus will be on the official non-farm payrolls figures for July due on Friday.

Federal Reserve Bank of San Francisco President Mary Daly — who is not a voting member of the Federal Open Market Committee — said on Wednesday she was “completely supportive” of the decision last week to hold interest rates steady as the central bank gathers more data about how it should respond to inflation that is well above its 2% target.