Morning Bid: All eyes on the jobs market
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Federal Reserve Chair Jerome Powell is awaiting new numbers on weekly jobless claims, with economists expecting the number to come in at 214,000. On Friday, March's nonfarm payroll employment data will be released, with analysts predicting the addition of 200,000 jobs. The Institute for Supply Management's gauge of the service sector came in weaker than expected, causing the dollar to decline. European stocks were up slightly, while oil traded at a five-month high. Euro zone inflation dropped to 2.4% in March, lower than expected. US March consumer price inflation data is due next week.

#JobsMarket #FederalReserve #JeromePowell #WeeklyJoblessClaims #NonfarmPayrollEmploymentData #InstituteForSupplyManagement #ServiceSector #Dollar #EuropeanStocks #Oil #EuroZoneInflation #UsConsumerPriceInflation

https://www.investing.com/news/economy/morning-bid-all-eyes-on-the-jobs-market-3365244