Traders have long-abandoned hopes for a first US rate cut in May, and next week’s bumper release of labour market data could sway the case for a June pivot. In the March meeting, US rate-setters warned that “job gains have remained strong and the unemployment rate has remained low”. Policymakers will be paying close attention to next week’s JOLTs job openings, ADP employment survey and payroll data.More UK house price data will be released on Friday, courtesy of the Halifax House Price Index. Last month’s data showed that February prices were...