Market insights

It's Non Farm Payroll In The States

The first Friday of the month sees the US release its non farm payroll number.

It's a view of the change in employment in the States removing seasonal fluctuations.

Today, a number growth of 113,000 is expected.

That's a low number compared to previous months, and could have an impact on the FEDs interest rate decision as stimulation might be needed for the economy.

There's also manufacturing numbers out of the US later, so it's all about the Dollar today.

Outside of this, Pound rates looked to have been affected by the UK budget this week.

Sterling rates have come off the boil over the past couple of days with a bit of recovery today.

Business news covers the bond markets where the Governments borrowing rates are now the highest for a year.

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Economic calendar

US: 12:30 Non Farm Payrolls

US: 14:00 ISM Manufacturing PMI

As ever we look forward to keeping you in the loop and look out for our next update.

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