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Macroeconomic calendar

Daria Bulanova, Analyst, Global Markets (Finam)

Friday, April 6, is expected to see a modest stream of economic data.

It should be noted that Good Friday is celebrated on April 6 and for this reason US and most European exchanges will be closed.

US data on average hourly March earnings will be made public at 12.30 GMT. On average, Wall Street forecasts the metric to grow faster (0.2% vs. 0.1%). At the same time, another key job market metric (March non-farm payrolls) will be released. Payrolls are forecast to jump 225,000, while the indicator climbed 227,000 the prior month, which could act as a negative signal for the dollar.

US unemployment for March will also be reported at 12.30 GMT. On the whole, analysts expect the unemployment rate to remain unchanged (8.3%).