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Week ahead: Second quarter starts with US jobs data dominating
In what is a relatively quiet week, with the UK markets out on Monday and some not yet back from a 3-day weekend with Easter celebrations continuing, US jobs data will dominate. On Tuesday it kicks off with JOLTs – job openings, then Wednesday the private payrolls with ADP job creations and on Friday the Labor Department’s non-farm payrolls. All this data has the potential to move both the dollar and the equity markets and if the data goes the same way has done recently we should see further record highs in the equity markets in the US. In the UK with markets out on Monday if another record is coming on the FTSE 100 it will have to wait until Tuesday. In the \uK there’s both the Nationwide and Halifax house prices in the week and construction PMI numbers. There’s also a big anniversary date to celebrate with the 75th year marked up at NATO. For many, this organisation is now more relevant than it has been in recent memory.
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