Friday, February 02, 2007
Macro data on tap today (AFX)
On the macro front, today's trading session will be dominated by January's US non-farm payrolls numbers, which are expected to have risen by 150,000, compared with a monthly gain of 167,000 in the previous month.The unemployment rate in the US is forecast to have remained steady at 4.5 pct in November, compared with October.Meanwhile, US factory orders are expected to have risen by 1.0 pct from November to December, above the 0.9 pct gain registered the previous month.The final reading of the Michigan consumer sentiment indicator is forecast to remain unchanged at the initial level of 98.
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