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US Preview: Monthly payroll report looms.
(From FT Investor (Stories))
US investors await Friday's release of the monthly payrolls report as well as the latest quarterly earnings releases.
Recent weekly jobless claim reports have suggested the labour market continues to be sluggish and Friday's monthly report is eagerly awaited for the latest trends on the hiring front. Analysts expect the report to show US payrolls were down 75,000 in April. In a separate report also due Friday, factory orders for March are expected to rise by 1.2 per cent.
Shares in Starbucks may be bid higher on Friday, following a statement by the ...
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