4 April 2017

Bassanese Bites: ASX breaks its range – Week beginning: 03 April 2017

The key data highlight this week will be Friday’s US payrolls, with another solid result expected.  A key indicator to watch will be average hourly earnings, with markets sensitive to any signs of wage acceleration as it would be a red flag to the Fed. The US ISM manufacturing index is also released overnight, which is expected to remain solid – helped by ongoing recovery in the oil sector and housing strength. Minutes of the recent Fed and ECB meetings are due – with main interest in the number of Fed members itching to raise rates earlier rather than later….

 

Click to read the Full report

< Back to Blog