Friday preview: US jobs report in focus

The US jobs report will be the focus of the markets on Friday and will give an addiction of how the world's largest economy is faring in 2013 following the disappointing growth in the fourth quarter of last year.

The US jobs report will be the focus of the markets on Friday and will give an addiction of how the world's largest economy is faring in 2013 following the disappointing growth in the fourth quarter of last year.

The consensus forecast is for a 160,000 increase in non-farm payrolls in February, slightly ahead of the 157,000 gain the month before.

The separate ADP report on Wednesday showed that 198,000 jobs were added in February, well ahead of the 170,000 gain expected.

Meanwhile, economic figures released Thursday showed that US jobless claims came in better than expected last week: caims fell from an upwardly revised 347,000 to 340,000 last week, the third lowest figure of the last five years and well below the 355,000 consensus forecast.

"Once again, jobless claims were below 350,000 last week, which suggests the drop since the beginning of the year is a sign of things to come, rather than a temporary blip in the data," said Market Analyst Craig Erlam from Alpari.

"This should bode well when the unemployment figure is released tomorrow. As it stands, the rate is expected to remain at 7.9%, however the sustained fall in new claims suggests we could see a drop to 7.8%, especially if non-farm payrolls come in close to the ADP figure released on Wednesday."

INTERIMS

Marshalls

INTERIM DIVIDEND PAYMENT DATE

CPL Resources, Daejan Holdings

QUARTERLY PAYMENT DATE

Boeing Co, Lilly (Eli) & Co

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Industrial Production (GER) (11:00)

Non-Farm Payrolls (US) (13:30)

Unemployment Rate (US) (13:30)

Wholesale Inventories (US) (15:00)

Export-Import data (China)

FINALS

Aga Rangemaster Group, Jardine Matheson Holdings Ltd (Singapore Reg), Jardine Strategic Holdingd Ltd. (Singapore)

ANNUAL REPORT

Senior

IMSS

SThree

SPECIAL DIVIDEND PAYMENT DATE

Photo-Me International

EGMS

Carpathian, Talvivaara Mining Company (CDI)

AGMS

BlackRock Commodities Income Inv Trust

FINAL DIVIDEND PAYMENT DATE

Blackrock Frontiers Investment Trust, Blackrock Income And Growth Investment Trust, Pressure Technologies, Sage Group, Treatt

UK ECONOMIC ANNOUNCEMENTS

KPMG/REC report on Jobs

BC

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Why investors should be “cautiously bullish” for 2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

Oil producers are back at their Covid-19 lows – is it time to buy?
Oil

Oil producers are back at their Covid-19 lows – is it time to buy?

With demand for oil hammered by Covid-19 and talk of “peak oil demand”, there are lots of good reasons to be bearish on oil producers. So, asks John S…
22 Sep 2020
The rising dollar is proving bad news for most other assets – will it last?
Investment strategy

The rising dollar is proving bad news for most other assets – will it last?

Precious metals, stocks and pretty much every other asset has taken a tumble as the US dollar strengthens. Dominic Frisby looks at how long this trend…
23 Sep 2020
Why you should stuff your end-of-pandemic portfolio with Chinese stocks
China stockmarkets

Why you should stuff your end-of-pandemic portfolio with Chinese stocks

For an end-of-pandemic portfolio, you need assets that can cope with today’s volatility. And that, says Merryn Somerset Webb, means Chinese stocks.
14 Sep 2020