The outcome of the jobs report could critically impact the Fed’s thinking around the June FOMC meeting and massage market expectations for the June FOMC meeting – in turn, this could hold big implications for the USD, US equity indices and gold. It is a risk traders need to navigate, manage, and react to – here’s what’s expected. Consensus expectations: • 180,000 jobs are expected to have been created in April - the economist’s range of estimates sits between 265k and 125k jobs created in April. • The unemployment rate is expected at 3.6% (from 3.5%) - the economists’ estimates sit between 3.6% and 3.4%) • Average ... (full story)