Global markets attention now turns to the health of the U.S. economy, with wages growth and jobs data due in a few hours (08:30 am EDT). On Wednesday, the Federal Reserve kept rates on hold as expected, admitting inflation is near target without suggesting any need to accelerate its gradual hiking path. So, what will U.S non-farm payroll (NFP) tell us? February and March brought some volatility to the payrolls growth trend, but the average of the two suggested no real change. With other data appearing to ‘normalize’ following the transitory effect of last year’s storms and hurricanes, the consensus expects a return ... (full story)