US NFP set to bounce back in April

May 4, 2017 3:51 PM
City Index’s NFP forecast model predicts a 181k gain in US non-farm payrolls for April, which is a touch below economist estimates tracked by Bloomberg, that are predicting a gain of 190k. After last month’s large data miss, we will also be looking to see if there is a significant revision to the March NFP figure, where only 98k jobs were created.

Risk appetite tested by Macron, Feds, HSBC and UK economic data

May 4, 2017 12:44 PM
European equities are set to open higher today after French Presidential favourite Macron was considered to have outperformed Marine Le Pen in the final Presidential debate in France last night. This has helped to boost equity markets in Europe and we have also seen a drop in French bond yields, suggesting that political risk premia is falling sharp...