Analyst opinion by Konstantin Meinhardt to 1 April 2016

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01.04.2016
The main event of this week was the release of the U.S. labour market data for March on Friday. The data was mixed but showed that the U.S. labour market continued to improve. Wage growth was better than expected in March. That could add to the inflation pressure. The U.S. manufacturing sector seems to recover, according to Markit Economics' and the Institute for Supply Management's manufacturing purchasing managers' indexes. It is unlikely that the Fed will raise its interest rate in April as the recent U.S. economic data would not be enough to justify an interest rate hike this month.
  • Name: Konstantin Meinhardt
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