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US OUTLOOK/OPINION

GS: Payrolls Doesn't Change Faster Taper & First Hike In June Call

USDCAD TECHS

Bull Theme Remains Intact

US TSYS

Strong Stocks, Rebound for Oil Weighs on Tsys

EURJPY TECHS

Trend Signals Still Point South

AUDUSD TECHS

Stabilises Off Lows

US DATA
US DATA: April Payrolls well above-expected +263k, Earnings +0.2%
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- The employment data were very strong, with payrolls well ahead of 
expectations after a net upward revision and earnings growth +0.2%.
- April payrolls +263k, above expected +190k expected by BBG and MNI.
- Hourly earnings +0.2%, below the 0.3% gain expected by both BBG 
and MNI, but following upward revision to +0.2% in March. Y/Y unch 
+3.2%.
- The payrolls gain followed downward rev to March (+189k vs +196k prev), 
but upward for Feb (+56k vs +33k prev) for net rev +16k.
- Private payrolls +236k, with gains in health care and leisure.
- The unemployment rate slipped to 3.6% from 3.8% in March.
- Labor force participation rate -0.2 to 62.8%, as labor force 
fell sharply on both household employed and unemployed. 
- U-6 rate unch at 7.3%.
- The average workweek to fell to 34.4 hours from 34.5 hours in March.