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US jobs data, trade talks, Brexit in focus



U.S. Pat. economy added 196,000 jobs in March, beating economists' prediction of 175,000 jobs.

"I really think that killed."

20,000 number, "Richard Jerram, chief economist at Bank of Singapore, told CNBC's" Squawk Box "on Monday, in reference to the US economy was "falling off a cliff" after the previous jobs data showed growth of just 20,000 in February.

Jerram described calls for rate cuts or more stimulus than "crazy."

"The economy is still in … really good shape," he said the slowdown in the US economy as "moderate at worst."

"With the most recent recent payrolls data, the positive, non-inflationary growth story continues," Jack Chambers of ANZ Research said in a morning note.

President Donald Trump said Friday that the U.S. "The Fed will continue to pay interest rates, following the strong jobs report."

"The Fed remains firm in its monetary policy , "Chambers said.

Investors continued to monitor developments on US-China trade.

On Saturday, the Chinese official broadcaster CCTV reported that there was" new progress "in Washington on Friday, Reuters reported , U.S.

"The mood music continues to be quite positive, though the market awaits a 'deal', "David de Garis, director of economics and markets at the National Australia Bank, wrote in a morning note."

On the Brexit front, Prime Minister Theresa May continues to face challenges in securing a deal for her country that is agreeable with Parliament. The U.K.

The British pound last traded at $ 1

.3062 after seeing highs above $ 1,314 last week.


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