US Nonfarm Payrolls: forecasts from banks

US Nonfarm Payrolls: forecasts from banks

The United States will release labor market data at 15:30 MT time today. According to the consensus forecast, American economy added in September only 88K of new jobs after gaining 156K in August. The reason for weak expectations in the Harvey hurricane. Apart from NFP, America will also release average hourly earnings and unemployment rate. Let’s see what outcome do the major banks envisage.  





Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

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