Friday is the Jobs Report day, so let’s find out more. The first item on the schedule is the Swiss National Bank Foreign Currency Reserves for April, and it’s out at 7 AM. Reserves have seen a steady growth for the past 2 months, suggesting an active intervention in the market; they now stand at a record-high level. Euro Zone Retail PMI for April follows at 8:10. The Index lost point 4 points in March, moving further in the negative territory. The closely watched US Employment Report for April is out at 12:30 PM GMT. The employment sector has been a steady performer, so the March report was a disappointment, coming in well below estimates. However, analysts believe it could be a one-off event caused by colder weather. And the Canadian counterpart of this report comes at the same time. The Canadian March report actually surprised on the upside as employment continued growing at a steady pace. Canadian Ivey PMI for April will be available at 2. The Index surged in March, hitting a 13-month high. Fed watchers may want to tune in at 5:30, when Fed Chair Janet Yellen will be speaking on women’s participation in the economy at Brown University in Providence. And US Consumer Credit for March is out at 7. Credit rebounded in February, and credit card debt in particular stands above the remarkable level of 1 trillion dollars. So these are the news releases to watch on Friday, the 5th of May. I’m Celeste Skinner and we’ll be back with the next overview of news releases for Monday. Goodbye.
Friday is the Jobs Report day, so let’s find out more.
The first item on the schedule is the Swiss National Bank Foreign Currency Reserves for April, and it’s out at 7 AM. Reserves have seen a steady growth for the past 2 months, suggesting an active intervention in the market; they now stand at a record-high level.
Euro Zone Retail PMI for April follows at 8:10. The Index lost point 4 points in March, moving further in the negative territory.
The closely watched US Employment Report for April is out at 12:30 PM GMT. The employment sector has been a steady performer, so the March report was a disappointment, coming in well below estimates. However, analysts believe it could be a one-off event caused by colder weather.
And the Canadian counterpart of this report comes at the same time. The Canadian March report actually surprised on the upside as employment continued growing at a steady pace.
Canadian Ivey PMI for April will be available at 2. The Index surged in March, hitting a 13-month high.
Fed watchers may want to tune in at 5:30, when Fed Chair Janet Yellen will be speaking on women’s participation in the economy at Brown University in Providence.
And US Consumer Credit for March is out at 7. Credit rebounded in February, and credit card debt in particular stands above the remarkable level of 1 trillion dollars.
So these are the news releases to watch on Friday, the 5th of May. I’m Celeste Skinner and we’ll be back with the next overview of news releases for Monday. Goodbye.
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