Analysts at Nomura are forecasting a 0.6% q-o-q gain in the overall employment cost index for Q2 2018 and a similar 0.6% q-o-q gain for the wages and salaries component, corresponding to 2.8% y-o-y for both series. Key Quotes “Wage growth during Q2, as reported by the monthly BLS employment report, increased healthily by 0.65% q-o-q for total private workers and 0.8% q-o-q for production and nonsupervisory employees.” “The ECI’s wages and salaries component increased strongly by 0.9% q-o-q in Q1 with broad-based strength among subcomponents. However, we view that pace as likely unsustainable in the coming quarters as some of that increase was driven by an unusually strong increase in the financial service sector.” 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 USDJPY: No strong directional impetus from BoJ – TDS FX Street 5 years Analysts at Nomura are forecasting a 0.6% q-o-q gain in the overall employment cost index for Q2 2018 and a similar 0.6% q-o-q gain for the wages and salaries component, corresponding to 2.8% y-o-y for both series. Key Quotes "Wage growth during Q2, as reported by the monthly BLS employment report, increased healthily by 0.65% q-o-q for total private workers and 0.8% q-o-q for production and nonsupervisory employees." "The ECI's wages and salaries component increased strongly by 0.9% q-o-q in Q1 with broad-based strength among subcomponents. However, we view that pace as likely unsustainable in the coming quarters as some… 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.
