FXStreet – The expert of the Danske Bank’s take a look at the most important economic events in the coming weeks. For this purpose, the key interest rate decision by the Federal Reserve and the official jobs report from the United States.
In the United States are some of the important economic events in the coming week on the schedule. The beginning of the FOMC meeting on Wednesday, which brings no press conference and no Economic projections. We expect neither a Change in the monetary policy, big changes to the Statement.
The labour market report by report month of April is released on Friday. The March down numbers were surprisingly weak – the main responsible for the weather effects. Our models indicate meanwhile a once again disappointing failure’s jobs report. Employment is expected to grow by around 100,000. After the March figures very weak had failed, we expect, however, some corrections of these Numbers in April. Therefore, overall, we expect a growth of around 170,000. The industry is expected to create 15,000 and the services sector of 140,000 new jobs.
On Wednesday, the ADP employment data for April will be published. This should give us a first impression of the state of the labor market in April.
** FXStreet News Editorial, FXStreet**