US employment report; Eurozone CPI: 5 key factors on Friday

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US employment report; Eurozone CPI: 5 key factors on Friday
Credit: © Reuters.

By Laura Sanchez

Investing.com - Investors will be looking ahead to the US employment data today, which reflects the health of the US economy.

Euro zone inflation in March will also be released.

Oil prices continue to fall, but Brent remains above 100 dollars.

Cryptocurrencies correct this morning.

These are the five factors that investors should take into account when making their decisions today:

1. US employment report

This Friday, we will be paying attention to the US employment data for the month of March that will be released at 14:30 local time.

It is expected that 490,000 new nonfarm payrolls will be added (vs. 678,000 last month) and that the unemployment rate will fall to 3.7% (vs. 3.8% last month).

2. Eurozone CPI

At 11:00 Eurozone inflation data will be released. An increase of 6.6% is expected in March, up from 5.9% previously.

3. Crypto corrects

The cryptocurrency sector trades mixed on Friday, with the main assets correcting positions. Bitcoin is trading at $44,000 and Ethereum at $3,200.

4. Asia and the US stock market

The main Asian indices are mixed today. Nikkei falls 0.4%. Hong Kong's Hang Seng lost 0.7% and the Shanghai Composite gained 0.6%.

On Wall Street, the market ended yesterday in the red. The S&P 500 (-1.57%), Nasdaq (-1.54%) and Dow Jones (-1.56%) closed down.

5. Macroeconomic data

The main macroeconomic releases include a series of manufacturing PMIs in Spain , France , Italy , Germany , the UK and the Eurozone, as well as Italy's non-EU trade balance .

In the US, the oil rig count will be released by Baker Hughes.

In South Africa, the Manufacturing PMI data will be released.

JSE All Share index advanced 0.1% to close at 75,497.15

Follow the day's events on our economic calendar: https://za.investing.com/economic-calendar/

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