Trial now

Bearish Correction Still In Play


Bearish Extension


USDCHF Hovering Below Notable Resistance Area

Repeats Story Initially Transmitted at 21:06 GMT Apr 3/17:06 EST Apr 3
     WASHINGTON (MNI) - The following are highlights of forecasts for   
upcoming U.S. economic indicators provided by participants in the MNI   
weekly survey. The comment section presents the key elements behind the 
median forecasts. 
Weekly Jobless Claims for March 30 week                                
 Thursday, April 4 at 8:30 a.m. ET                       Actual:       
               Median         Range                  Mar30  Mar23  Mar16
 Weekly Claims  216k      210k to 220k                  --   211k   216k
     Comments: The level of initial jobless claims is expected to rise 
by 4,000 to 215,000 in the March 30 week after a decrease of 5,000 in the 
previous week. The four-week moving average would fall by 750 this week 
as the 218,000 level in the March 2 rolls out of the calculation. 
Nonfarm Payrolls for March (change in thousands)                     
 Friday, April 5 at 8:30 a.m. ET                         Actual:        
               Median         Range                  Mar19  Feb19  Jan19
 Payrolls      +170k     +145k to +243k                 --   +20k  +311k
 Private Jobs  +165k     +140k to +246k                 --   +25k  +308k
 Jobless Rate   3.8%      3.7% to  3.9%                 --   3.8%   4.0%
 Hrly Earnings +0.3%     +0.2% to +0.3%                 --  +0.4%  +0.1%
 Avg Wkly Hrs   34.5      34.4 to 34.5                  --   34.4   34.5
     Comments: Nonfarm payrolls are forecast to rise by 170,000 in March 
after a much weaker-than-expected 20,000 rise in February. The 
unemployment rate is expected to stay at 3.8%. Hourly earnings are 
forecast to rise by 0.3%, while the average workweek is expected to 
rebound slightly to 34.5 hours after falling to 34.4 hours in February. 
Consumer Credit for February (dollar change, billions)                   
 Friday, April 5 at 3:00 p.m. ET                         Actual:        
              Median        Range                  Feb19   Jan19   Dec18
 Cons Cred     17.0     13.0 to 18.0                  -- +$17.0b +$15.4b
     Comments: Consumer credit is expected to grow by $17.0 billion at 
an annual rate in February, continuing a string of solid gains.
--MNI Washington Bureau; +1 (973) 494-2611; email: