Payrolls to test second quarter climate for Fed

LONDON: Always top of the data pile, this week will be no exception for the U.S. jobs report with a first interest rate rise likely this year despite a dramatic slowdown in the first quarter.

After a harsh winter brought U.S. growth almost to a halt in the first three months of 2015, April's non-farm payrolls report, due on Friday, will signal whether the world's largest economy is faring any better in the second quarter.