Most financial markets are closed in Europe and North America for the Good Friday holidays. The US bond market closes early at 12 p.m. EDT (1600 GMT).

US jobs data is expected to show the labor market remains tight. Non-farm payrolls are forecast to have risen an above-average 240,000 in March, slowing from a 311,000 increase in February, which was above Econoday's consensus range for the fifth month in a row. February, in fact, was the 10th straight month and 12th of the last 13 that payroll growth exceeded Econoday's consensus. March's unemployment rate is expected to be unchanged at 3.6 percent.

Average hourly earnings in March are expected to rise 0.3 percent on the month for a year-over-year rate of 4.3 percent; these would compare with 0.2 and 4.6 percent in February.

US consumer credit is expected to increase $20.0 billion in February versus a lower-than-expected increase of $14.8 billion in January.

Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.

Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.