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What to Watch in the Day Ahead - Friday, April 1

Published 2016-03-31, 03:00 p/m
© Reuters.  What to Watch in the Day Ahead - Friday, April 1

(The Day Ahead is an email and PDF publication that includes the day's major stories and
events, analyses and other features. To receive The Day Ahead, Eikon users can register at
DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT)

The U.S. Labor Department's closely watched employment report is expected to show that nonfarm
payrolls increased by 205,000 jobs in March after increasing by 242,000 in February. (0830/1230)
March unemployment rate is expected to have held steady at an eight-year low of 4.9 percent.
(0830/1230) Average hourly earnings for the current month are expected to have risen 0.2 percent
after slipping 0.1 percent in February. (0830/1230) The Institute for Supply Management is
expected to report its national manufacturing index increased to 50.7 in March, swinging back
above the 50 mark for the first time since September, from a reading of 49.5 in February.
(1000/1400)

BlackBerry Ltd is expected to report another loss in its fourth quarter, with focus on whether
gains in software revenue can offset declining legacy fees. The company is struggling to rebuild
its business model after being shunted aside in the consumer smartphone market by Apple's iPhone
and devices using Google's Android software. Investors will also be eager to see sales numbers
for BlackBerry's Priv smartphone, which runs Android and launched in a string of countries in
the quarter. Revenue is expected to rise from the preceding quarter for the second straight time
after nine quarter-on-quarter declines.

Cleveland Federal Reserve Bank President Loretta Mester speaks on the economic outlook and
monetary policy before the New York Association for Business Economics. (1300/1700) Mester, a
relatively hawkish voter on Fed policy this year, has so far backed the central bank's decision
to stand pat on its second planned rate hike of the tightening cycle. But if inflation continues
to pick up she may be the next policymaker after Ester George of the Kansas City Fed to dissent
against any further patience.

The Bank of Canada will release its business outlook survey, a summary of interviews conducted
by the central bank's regional offices with the senior management of about 100 firms. The bank
will also release its senior loan officer survey, which collects information on business-lending
practices of Canadian financial institutions. (1030/1430)

The RBC Canadian Manufacturing Purchasing Managers' Index, a measure of activity in the
country's manufacturing sector, will be released for March. The index has been below 50 for the
past seven months, which is the threshold that marks growth. Investors will be watching to see
if the sector can regain momentum as the broader economy got off to a strong start in 2016.
(0930/1330)

Mexico's central bank Banco de Mexico publishes minutes from its March monetary policy meeting
and its monthly poll of analysts on inflation and growth.

LIVECHAT- WEEKAHEAD with Nigel Stephenson, specialist editor, Reuters markets
Join Nigel Stephenson as he goes through the key macroeconomic and political themes for the
coming week at (0600/1000) To join the Global Markets Forum, click here

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