Busy start to Q2

Market watch

April 7, 2017

The new quarter started with a wide range of news and events for market watchers to digest. In the U.S., an upbeat read on the job market was released Wednesday as a better-than-expected 263,000 private sector jobs were added in March according to payroll firm Automatic Data Processing (ADP). The strong print reinforces post-presidential election optimism about an expanding economy. Fed minutes from its March meeting were also released Wednesday without any clues as to the pace of interest rate hikes but with plans to shrink its balance sheet.