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US jobs data - Have we seen the peak?

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With increasing signs of a slow down in the US, Head of Macro Strategy at Saxo Bank, Mads Koefoed previews this week's Non Farm Payrolls.

February's high of 295,000 new jobs added may well be the high water mark for the employment numbers this year argues Mads who sees "most of the economy" losing momentum.

The March wage growth figures will be closely watched by the markets for possible rate rise clues because the Fed's mandate also includes wage growth.