March Non-Farm Payrolls grew by 196K, 19K more than expected while the two prior months were revised higher by 14K. The private sector component though had less of an upside print as jobs here rose by 182K, 5K more than expected. Similar to what the ADP said on Thursday and in contrast to the latest ISM, Manufacturing shed 6K jobs instead of hiring a net 10K as forecasted. Meanwhile February was revised to a Manufacturing job gain of just 1K from 4K initially. Wages disappointed with a 0.1% month-on-month increase two tenths less than expected and which brings the year-on-year increase to 3.2% from 3.4%. That matches the slowest increase since last September. Bottom line, most of the modest upside surprise came from government hiring. Private sector hiring was a touch better than forecasted and wage growth is not accelerating.

To mark my 1800th issue of TraderNoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on bryan@tradernoblecom for details

For anyone following my Platinum Service it made 43 points on Friday and is now ahead by 175 points for April, having made 1027 points in March, 1013 points in February, 1671 points in January, 2803 points in December, 1541 points in November and 2094 points in October. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

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