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Fri US 0830 ET Apr non-farm payrolls expected +190,000, Mar +98,000.  Apr private payrolls expected +190,000, Mar +89,000.  Apr manufacturing payrolls expected +10,000, Mar +11,000.  Apr unemployment rate expected +0.1 to 4.6%, Mar -0.2 to 4.5%.
    0830 ET Apr avg hourly earnings expected +0.3% m/m and +2.7% y/y, Mar +0.2% m/m and +2.7% y/y.  Apr avg weekly hours all employees expected +0.1 to 34.4 hours, Mar unch at 34.3 hours.
    1130 ET Fed Vice Chair Stanley Fischer speaks on a panel on at the Hoover’s Monetary Policy Conference. 
    1245 ET San Francisco Fed President John Williams (non-voter) delivers keynote address at the Manhattan Institute Shadow Open Market Committee event in New York.
    1330 ET Fed Chair Janet Yellen speaks at an event at Brown University to commemorate ‘125 Years of Women at Brown.’
    1330 ET Chicago Fed President Charles Evans (voter) and Boston Fed President Eric Rosengren (non-voter) speak on a panel on “The Structural Foundations of Monetary Policy†at the Hoover’s Monetary Policy Conference. 
    1500 ET Mar consumer credit expected +$14.0 billion, Feb +$15.206 billion.
    2400 ET Continuing resolution expires, forcing partial U.S. government shutdown if no new spending bill is approved.
  GER 0330 ET German Apr Markit construction PMI, Mar +2.3 to 56.4.
  CAN 0830 ET Canada Apr net change in employment expected +10,000, Mar +19,400.  Apr unemployment rate expected unch at 6.7%, Mar +0.1 to 6.7%. 
    1000 ET Canada Apr Ivey PMI, Mar +6.1 to 61.1.
  JPN n/a Japanese markets closed for Children’s Day.
  Period Survey Prior
5/5/2017 13:00 Baker Hughes U.S. Rig Count 5-May 870
5/5/2017 13:00 Baker Hughes U.S. Rotary Gas Rigs 5-May 171
5/5/2017 13:00 Baker Hughes U.S. Rotary Oil Rigs 5-May 697

 

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