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US Jobs Report in Focus. Trade Talks and Brexit Updates

JFD

The US Federal Reserve will keep a close eye on today US employment numbers to get a view on how the economy is doing. Yesterday, Liu He and Donald Trump held a meeting on positive tones. Debates Brexit continue in the UK Parliament.

The Fed Is Watching Closely the NFPs

As always, in the beginning of every month, we get the US employment numbers for the previous month. The non-farm payroll figure is expected to come out at 174k, which is a good increase from the February’s 20k number. In the middle of this week, on Wednesday, we received the US ADP non-farm employment change stats for the month of March, which came as a disappointment, falling by around 50k below the estimated mark. The expectation was to see a number closer to 184k, but in reality, the figure came out at 129k, much worse than the...

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Source: https://www.jfdbank.com/en/research/us-jobs-report-in-focus-trade-talks-and-brexit-updates
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