The United States will publish ISM manufacturing PMI on April 1, at 17:00 MT time.
Will the Australian jobs data push the AUD?
Information is not investment advice
The levels of employment change and the unemployment rate for Australia are expected on April 18, at 4:30 MT time.
Job creation is an important indicator, which is connected to consumer spending. The more people are employed, the more money they can spend. Last time the level of employment change came out much lower than the expectations (4.6K vs 14.8K). At the same time, the unemployment rate fell to 4.9%. Let's see if the indicators support the Australian currency this time.
• If the employment change is higher and the unemployment rate is lower than the forecasts, the aussie will rise;
• If the employment change is lower and the unemployment rate is higher than the forecasts, the aussie will fall.
Canada will publish the monthly GDP growth on Tuesday, at 15:30 MT time.
The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
The country has come through the worst and is recovering now.
Moody’s downgraded the country to ‘junk’ status on Friday.
The US economy has been hit hard by the coronavirus outbreak.