Morning Juice – US Session Prep
Morning, Traders!
It is Friday the 8th of March, here are some things to look out for.
Sentiment
Stocks held steady near all-time highs this morning and the dollar deepened its losses ahead of the US employment report this morning which could help markets cement the case for interest rate hikes in the coming months.
Docket
08:30 ET
US Employment Situation for February
Nonfarm Payrolls – Median Forecast: 200K | Prior: 353K | Range: 286K / 110K
Unemployment Rate – Median Forecast: 3.7% | Prior: 3.7% | Range: 3.8% / 3.6%
Average Earning YoY – Median Forecast: 4.3% | Prior: 4.5% | Range: 4.6% / 4.1%
Nonfarm Payrolls Prep – Read Here
Canadian Employment for February
Employment Change – Median Forecast: 20K | Prior: 37.3K | Range: 77.1K / 5K
Unemployment Rate – 5.8% | Prior: 5.7% | Range: 5.9% / 5.6%
Good luck!
