Market Focus

On Friday, 04/05/2018, attention should be paid to data on the number of employed in non-agricultural sectors and the unemployment rate in the US. The indicator of employment is an estimation of the total number of wage workers passing on payroll of enterprises in the country. The indicator shows the change in the level of employment in the country. The unemployment rate determines the percentage of the total workforce that is unemployed and actively seeking work in the US. The growth indicates weakness in the US labor market, and its decline means positive dynamics.

According to the forecast, the change in the number of employees in April will be 168 thousand, which is higher than the previous value of 103 thousand. The unemployment rate will drop to the level of 4.0%, against the previous value of 4.1%. In case of data release within the framework of the forecast, the US dollar will receive support, against which one should expect its growth within the limits of 40-50 points against the basket of currencies.

Alexander Sivtsov