Employment report is front and center

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Non-farm payrolls dominate today's event calendar.

At 8:30 a.m. ET, the Labor Department will announce the number of jobs added last month. Economists expect growth of 192,000, down from 236,000 in February. The private sector is forecast to show an increase of 210,000 versus 246,000 in the previous month. Higher numbers would be considered bullish, while lower readings could hurt sentiment.

Also before the opening bell, the Eurozone will report retail-sales data and Germany will release manufacturer orders. But U.S. jobs data will almost certainly be the report that traders will be watching most closely.

Next week, the calendar shifts away from macroeconomics and back to companies and the retail sector. Earnings season officially begins with Alcoa's report on Monday afternoon. While the pace of announcements won't hit their fastest pace until later in the month, many companies will probably issue preliminary results, causing big price swings.

Attention will also focus on the release of March same-store sales next Thursday morning and monthly retail sales Friday morning.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Options

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