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Key events coming in April for EM's - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Key events for EM's approaching in April, as noted by analysts at TD Securities.

    Key Quotes:

    "On Monday, 1 April, TD expects nonfarm payrolls to slow significantly to 186K (consensus: 200K) due to a historical seasonal underperformance in the month of March (employment growth has averaged 150k in last 5 years). The unemployment rate should rise modestly to 5.0% (consensus: 4.9%) on account of the weak employment growth.

    On Monday, 1 April, China March PMI data will be released. After the holiday-depressed prints in February, we expect a small uptick for March."
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