US NFP to rise by 1,300K in April – Goldman Sachs
Analysts at Goldman Sachs predict a strong US NFP report for April, with their expectations
US: Jobless claims, another clearly improving labor data – Wells Fargo
Initial jobless claims fell more than expected last week, dropping below 500K for the first
US: Weekly Initial Jobless Claims decline to 498K vs. 540K expected
Weekly Initial Jobless Claims in the US decreased by 92,000. US Dollar Index stays deep
Equities to continue rallying over the next three months – HSBC
Economists at HSBC think equities can still push higher over the coming three months thanks
US Service Sector: Activity held back by supply shortages – Wells Fargo
Data released on Wednesday showed an unexpected decline in the ISM service sector activity index.
US: Private sector employment rises by 742K in April vs. 800K expected
US ADP Employment Change arrived at 742K in April. US Dollar Index turned flat on
US: Factory Orders rise by 1.1% in March vs. 1.3% expected
Factory Orders in US rose less than expected in March. US Dollar Index stays in
US: Markit Services PMI improves to 64.7 (final) in April from 60.4
US Markit Services PMI climbed to a fresh series high in April. US Dollar Index
US: ISM Services PMI edges lower to 62.7 in April vs. 64.3 expected
ISM Services PMI edged slightly lower in April. US Dollar Index posts modest daily gains
FOMC: Loose stance remains well in place – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest FOMC event (Wednesday). Key Quotes