What are the most important data for today
The highlights that will be released on Friday are the Canadian employment report,US non-farm payrolls data, and then the speech of Federal Reserve Chairman Jerome Powell.
In the European session, there is not much data, except for some economic indicators, where the Turk will be on the American session, in which the Canadian employment report, the US non-farm payrolls data, and the speech of Fed Chairman Powell will be released.
At 2: 30 pm Egypt time-Canadian employment report for March
It is expected that the Canadian employment report will show the addition of 10 thousand jobs in March against 1.1 thousand jobs in February, and that the unemployment rate will rise to 6.7% against 6.6% previously.
The market estimates the probability of lowering interest rates by 50% at the next meeting, and 66 basis points by the end of the year, in light of the negative impact of Trump's tariffs on global growth.
Also at 2: 30 pm Egypt time will be-US non-farm payrolls report for March
It is expected that the US non-farm payrolls report will show the addition of 135 thousand jobs in March, compared to 151 thousand jobs added in February, and that the unemployment rate will remain unchanged at 4.1%.
The average hourly wage on an annual basis is expected to reach 3.9%, compared to 4.0% in the previous reading, while the average monthly wage is expected to remain the same at 0.3%.
