The Week Ahead: US Unemployment Takes Centre Stage

On the economic front, the US will report unemployment numbers for March. The jobless rate is expected to be unchanged at 4.1%. Around 190,000 jobs are expected to be added to the non-farm payroll. All the indicators appear to suggest that the US employment scene continues to improve.

China will be on the hook for some purchasing managers’ indices. There are signs that the Chinese economy is still expanding, with PMI numbers for both manufacturing and services comfortably above 50.

The Eurozone will report flash inflation numbers for March. Both the core and headline inflation numbers could be higher than the previous month. Economists are expecting core inflation of 1.2%, while Consumer Prices inflation could be 1.4%.

And finally, the Reserve Bank of India will announce its latest interest-rate decision. At the last meeting, the central bank kept interest rates unchanged at 6%. It said the decision was consistent with the bank’s policy of a medium-term inflation target of 4%, plus or minus 2%.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned. The Motley Fool Singapore has recommended UOB.