Next Friday, the US official employment report will be released. Analysts at Wells Fargo, expect a positive reading around 170K in NFP; above market consensus of 156K. Key Quotes: “Job growth likely improved in January, coming in at a more trendlike 170K gain after employers added 145K jobs in December. Jobless claims have settled down in recent weeks, while sub-indices of egional purchasing managers’ surveys indicate hiring firming. The kick-off of the Census year may give payrolls an additional small lift.” “The January release will include the annual benchmark revisions to payrolls. The preliminary estimates showed that there were 501K fewer jobs in March 2019 than is currently published—the largest revision since 2009. More recent data will not be affected by the benchmark process, but the weaker momentum of 2018-early 2019 could influence expectations for payroll growth going forward.” “The unemployment rate will likely remain unchanged at 3.5%. It is a close call on average hourly earnings growth, but we expect a 0.3% gain for January and for the year-ago change to tick back up to 3.0%.” 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 Oil: Further downside in the short-term would not be a surprise – Rabobank FX Street 2 years Next Friday, the US official employment report will be released. Analysts at Wells Fargo, expect a positive reading around 170K in NFP; above market consensus of 156K. Key Quotes: “Job growth likely improved in January, coming in at a more trendlike 170K gain after employers added 145K jobs in December. Jobless claims have settled down in recent weeks, while sub-indices of egional purchasing managers’ surveys indicate hiring firming. The kick-off of the Census year may give payrolls an additional small lift.” “The January release will include the annual benchmark revisions to payrolls. The preliminary estimates showed that there were 501K… Regulated 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.
