Goldman Sachs analysts are out with their US Non-Farm Payrolls preview, and they are calling for a better-than-consensus showing for the indicator. Key quotes “We estimate that nonfarm payrolls increased 200k in June, slightly above consensus. Our forecast reflects strong employment surveys across both manufacturing and services. Â Our forecast also embeds solid summer hiring of students and recent graduates, and we note that job growth tends to accelerate in June when the labor market is tight. Â We expect the unemployment to round down to 3.7% in tomorrow’s report. We estimate a 0.3% month-over-month increase in average hourly earnings, reflecting favourable calendar effects. Â This would boost the year-over-year rate by a tenth to 2.8%.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNY fix projection: 6.6327 – Nomura FX Street 4 years Goldman Sachs analysts are out with their US Non-Farm Payrolls preview, and they are calling for a better-than-consensus showing for the indicator. Key quotes "We estimate that nonfarm payrolls increased 200k in June, slightly above consensus. Our forecast reflects strong employment surveys across both manufacturing and services. Â Our forecast also embeds solid summer hiring of students and recent graduates, and we note that job growth tends to accelerate in June when the labor market is tight. Â We expect the unemployment to round down to 3.7% in tomorrow's report. We estimate a 0.3% month-over-month increase in average hourly earnings,… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
