Market Focus

On Friday, 06/04/2018, attention should be paid to the 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 of this value indicates weakness in the US labor market, and its decline is positive.

According to the forecast, the change in the number of employees in March will be 166 thousand, which is lower than the previous value of 313 thousand. The unemployment rate will drop to the level of 4.0%, against the previous value of 4.1%. In case of the release of data within the forecast, the US dollar may be under pressure, against which one should expect its decline in the range of 40-50 points against the basket of currencies.

Alexander Sivtsov