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Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/pancaps/public_html/index.php on line 17

Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/pancaps/public_html/index.php on line 17

Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/pancaps/public_html/index.php on line 17

Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/pancaps/public_html/index.php on line 17
What Can We Expected In Payroll Data?
Saturday, 04 April 2015 09:36

What Can We Expected In Payroll Data?

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Non Farm Employment data will be released tomorrow which is expected to improve by 184k from December disappointing result of 74k.

According to ADP the Non Farm Employment increased by 175k that was below expectation of 191k. Last month employment rose to 238k, highest since Jan,12. After below expected data release by ADP investors are expecting negative result of Non Farm Payroll that will be released by Bureau of Labor Statistics, a Govt wing.

In Manufacturing data release it was observed that the employment index fell to 52.3 in January from 55.8 in December but yesterday in Service PMI employment grew by 0.8 percentage point to 55.6.

Last month there was seen improvement in Consumer Confidence. The index gained to 80.7 from earlier 77.5 on 28th Jan. It indicates optimism of consumers towards economy.

Yesterday Gold prices crossed level of $1270 on anticipation of weak economic prospect but retreated quickly to previous level. On Friday we are expecting volatile movement in precious metals and crude oil prices.

 

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