At 7:30 a.m. CST, the U.S. Labor Department will release nonfarm payrolls and the unemployment rate for February. Traders will continue to watch the latest forecasts and events in Ukraine. Late Friday afternoon, CFTC will release its Commitments of Traders report and we'll get an update of how many specs were still short in the market on March 1.
Weather
A pair of storm systems moving through the West will emerge into the Plains but not until late tonight. Scattered showers will continue across western states while most areas east of the Rockies will remain dry until late tonight or Saturday. The weather will then change drastically as two systems move through the country with moderate to heavy mixed precipitation and colder temperatures. The systems will skip over drought areas in the southwestern Plains as concerns continue for hard red winter wheat.