Daily digest market movers: US Jobs report ahead

avatar
· Views 158


  • At 12:30 GMT, the US Employment Report for April is set to be released:
    • US Nonfarm Payrolls changes are expected to increase by 243,000, lower than the 303,000 rise seen in March.
    • Monthly Average Hourly Earnings are expected to grow at a stable 0.3%.
    • The Unemployment Rate is set to remain at 3.8%.
  • Several Japanese companies have reported to Bloomberg that they are facing substantial issues due to the recent weakness in the Japanese Yen. A boom in tourism is also putting pressure on local inflation. 
  • Japanese markets are closed on Friday for the Greenery Day bank holiday. 
  • Equities are trading in the green with both European indexes and US Futures up near 0.5% on average.
  • The CME Fedwatch Tool suggests an 85.5% probability that June will still see no change to the Federal Reserve's fed fund rate. Odds of a rate cut in July are also broadly out of the cards, while for September the tool shows a 60% chance that rates will be lower than current levels.
  • The benchmark 10-year US Treasury Note trades around 4.57%, the lowest level this week, while Japanese 10-year JGB are trading at the high for this week near 0.889%.


Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.

Suka artikel ini? Tunjukkan penghargaan anda dengan menghantar tip kepada pengarang.
Balas 0
Tiada ulasan lagi. Jadilah yang pertama berkongsi pandangan anda.

  • tradingContest