US: ADP employment and ISM non-manufacturing index in focus - TDS

According to analysts at TD Securities, US ADP employment report is expected to show that 175k net private-sector jobs were created in March, from 183k before.

Key Quotes

“The report will give some perspective on the jobs outlook ahead of the nonfarm payrolls report published on Friday.”

“Separately, consensus expects the ISM non-manufacturing index to give back some of its February strength, posting a 1.7 point decline to a still firm 58.0 in March.”