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Employment report dominates agenda

David Russell (david.russell@optionmonster.com)

Today's calendar is dominated by the release of non-farm payrolls at 8:30 a.m. ET.

Economists expect that the U.S. economy added 178,000 jobs last month, up from 166,000 in January. The unemployment is forecast to remain unchanged at 7.9 percent.

Germany will have reported industrial-production figures in the overnight session, which could have some impact on market sentiment.

Next week's calendar is relatively light, with retail sales on Wednesday and inflation data the next two days. Consumer sentiment is scheduled for next Friday morning.

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