According to analysts at TD Securities, in the US session, the NFIB small business optimism index is expected to have continued to gradually recover in March, recording a small gain to 102.0 from 101.7 before.
Key Quotes
“The index suffered a sharp fall at the end of 2018 but appears to have stabilized at lower levels in February.”
“Separately, job openings likely remained at current levels in February, following the strong 7.6 million openings recorded in the January JOLTS report. Note that the pace of job openings ticked up a tenth to 4.8% in January, the same as hirings, which increased to 3.9%.”
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