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ADP nonfarm employment change. USA, 14:15 (GMT+2) 03 Apr

03Apr.202413:15

ADP nonfarm employment change. USA, 14:15 (GMT+2)

At 14:15 (GMT+2) in the United States, March data on the number of nonfarm payrolls from Automatic Data Processing (ADP) will be published. They reflect changes in the number of jobs in the non-agricultural sector based on a survey of about 400.0K business sources. The indicator is considered a leading indicator of federal employment data. The value is expected to increase from 140.0K to 149.0K, which may support the American dollar.

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At 11:15 (GMT+2), there will be a meeting of members of the Organization of the Petroleum Exporting Countries, during which participants will hear a report on market development scenarios for the coming months, after which the Ministerial Monitoring Committee will make recommendations to OPEC+ countries. It is expected that the parties may adjust the oil production plan by 1.0M barrels per day or even more.

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At 16:00 (GMT+2), the March service business activity index from the Institute for Supply Management (ISM) will be published in the United States, based on a survey of representatives of 375 companies from 17 non-manufacturing sectors and reflecting business conditions in the country. It is expected that the March indicator will adjust from 52.6 points to 52.7 points.

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