1. Focus on NFP report

The highly-anticipated U.S. jobs report is coming out at 13:30GMT.

This will be the first monthly report since the victory of President-elect Donald Trump, who campaigned on promises for better jobs.

Trump may be trying in to save 1,000 jobs at Carrier, but Friday's report will likely show a troubling trend: manufacturing jobs continue to move out of the U.S., In October, there were 53,000 fewer manufacturing jobs than a year ago.

But the overall picture should look better. Economists forecast that the economy added a total of 181,000 jobs in November. That would be slightly better than the initial estimate for October of 161,000.

Unemployment currently stands at 4.9% - half of what it was in 2009, when unemployment peaked at 10%.

As for currencies, a strong report can push the USD higher against the EUR and JPY, and send down the price of Gold and Silver.

2. Stocks slide before the report

There's red across global markets Friday, indicating it could be a negative day on U.S. indexes.

U.S. stock futures are pointing down, European markets are all declining in early trading and Asian markets are ending the weak with sizable losses.

Italy's weekend referendum, which could have broad political and economic consequences, could be causing jitters among some investors.

The Italian stock market fell about 1% on Friday, and has dropped 22% so far this year.

In a nightmare scenario, the referendum result could force the prime minister's resignation, spark a banking crisis and ultimately push Italy out of the eurozone.

3. Starbucks news sends the stock down

Shares in Starbucks are falling by about 4% premarket after the company announced that CEO Howard Schultz would step down from his post next year.

But Schultz isn't going away completely. Effective April 3, he will become executive chairman, where he will focus on innovation, the company's premium offerings and on social impact.

Current chief operating officer Kevin Johnson, a tech industry veteran, will replace Schultz as CEO.

4. ECB expected to keep QE program

Investors in the euro were also looking ahead to the European Central Bank’s (ECB) monetary policy decision in the coming week.

According to a Reuters’ poll released on Friday, the ECB was expected to extend its QE program by six months.

A move at next Thursday's ECB meeting may help multiply the impact of the stimulus on the euro's exchange rate, especially since the U.S. Federal Reserve is widely expected to raise interest rates a week later, boosting the dollar.