The Conference Board’s employment trends survey continues to weaken but the drop was the smallest since June of 2008. The index nudged down to 89.5 in April from 90.1 in March.
EUR/USD is on the mend, rising to 1.3600 despite a heavy tone in many components of the reflation trade. The biggest loser against this backdrop is the S&P 500, down 1.9%.
Offers are seen in the 1.3600/10 area and again at 1.3660/65. Sell orders at the 15:00 GMT fixing is rumored, dealers say.