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US NFP: another robust gain anticipated circa 180k in April - Westpac

With the FOMC decision out the way, all eyes now remain on Friday’s US payrolls data, with the key highlights presented by the analysts at Westpac is found below.

“NFP print 180k, unemployment rate 4.0%.

Overall momentum in payrolls is still very strong.

Come April, another robust gain is anticipated circa 180k.

There is also a risk of upward revisions to the prior number.

As we move through 2018, the pace of employment growth will slow but still likely exceed 100k, seeing the unemployment rate move lower.”

US Treasury Secretary Mnuchin arrives in Beijing for trade talks

The news is crossing the wires that US Treasury Secretary has arrived in Beijing to attend a meeting to iron out trade dispute.  Chinese state media
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China equities slide as trade tensions ramp up ahead of US-China meeting

Asia stocks are slipping lower as traders get uneasy about the upcoming US-China trade negotations, with the Hong Kong Hang Seng index leading the pac
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