Top
image credit: Unsplash

European Shares May Struggle For Direction Ahead Of US Jobs Data

April 1, 2022

European stocks may open flat to slightly lower on Friday as investors look forward to the March U.S. jobs report, due out later in the day.

Economists expect the report to show employment jumped by 490,000 jobs in March after an increase of 678,000 jobs in February. The unemployment rate is expected to edge down to 3.7 percent from 3.8 percent.

The jobs data could impact expectations regarding how quickly the Federal Reserve plans to raise interest rates in the months ahead.

Read More on Markets Insider