Morning Juice – US Session Prep (3rd April)

Sentiment
G10 currencies traded in a narrow range as investors waited for Friday’s key US jobs report, with major markets closed for a holiday.

Treasury futures were little changed with no cash trading in Tokyo or London. Economists expect US nonfarm payrolls to have risen by 65,000 last month after a decline of 92,000 in February.

Docket
08:30 ET
March Data
US Nonfarm Payrolls Forecast 65K, Previous -92K | Range: 151K / -16K
US Unemployment Rate Forecast 4.4%, Previous 4.4% | Range: 4.5% / 4.3%
US Private Payrolls Forecast 78K, Previous -86K | Range: 148K / 20K
US Average Hourly Earnings YoY Forecast 3.7%, Previous 3.8% | Range: 3.9% / 3.5%

09:45 ET
March Final Data
US S&P Services PMI Final Forecast 51.1, Previous 51.1 | Range: 53.5 / 50.3