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Europe Day Ahead: U.S. payrolls may surprise to the upside

Thursday, March 07, 2013 - 02:02

Mar. 7 - A look at Friday’s key events including U.S. non-farm payrolls, China trade data & results out of loss-making airline SAS

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Here's a look ahead to Friday's key political and financial events it's a key date today -- US nonfarm payrolls to pick up a bunch. January's tax hikes and worries about the effect sequester spending cops like you to have held back hiring. Reuters -- -- costing an additional 160000. Jobs added in February. Belly up from 157000. In January. But just enough to keep the jobless rates at seven point 9%. -- thanks but it sure that says the recent data could signal a higher reading. If we look at some of the survey evidence including the ADP report updates. It seems to suggest that we were going to get a reasonably strong gang and private payroll site something around perhaps that the 160 mock. Maybe. A good -- that would -- it's all surprised if we would get set an increase in non farms of around 200000. John is they just straight days will also be closely monitored new year holidays like you to distort the picture making reading. Too much into these numbers a risk but Thai exports seen up over 10% from a year ago. While imports like -- -- point 8% that's in stark contrast to January's. 25% export growth and 28 point 8% import growth. Here in Europe are not a slight rise expected in German industrial output that by stronger manufacturing. On the corporate front results due from SAS the loss making Scandinavian airlines looking to cut costs to ensure its long term survival. To that and deal with Swiss court to eventually take over its ground handling operations. Finally in world news public funeral will be held in Venezuela Hugo Chavez tomorrow. A delegation is expected from the US despite Tuesday's expulsion of two US military attach raised. Multitudes mourned in Caracas yesterday as Chavis is coffin. Was forced out of a military hospital onto the streets. That's not a bad to try to -- problems his.

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Europe Day Ahead: U.S. payrolls may surprise to the upside

Thursday, March 07, 2013 - 02:02