Analysts at Nomura expect a 0.5% q-o-q increase in the US employment cost index in Q3, down from 0.8% in Q2. Key Quotes “The deceleration is largely due to an expected slowdown in the pace of benefits growth, which increased by an unusually high 0.9% q-o-q in Q2. For wages and salaries, comprising roughly 70% of the total index, we expect a steady 0.7% q-o-q gain after a 0.5% increase in Q2.” “Altogether, the Q3 ECI reading should confirm the recent uptick in wage pressures evident in the monthly BLS employment report average hourly earnings (AHE) series.” 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 China: Can consumers live up to expectations? – Standard Chartered FX Street 4 years Analysts at Nomura expect a 0.5% q-o-q increase in the US employment cost index in Q3, down from 0.8% in Q2. Key Quotes "The deceleration is largely due to an expected slowdown in the pace of benefits growth, which increased by an unusually high 0.9% q-o-q in Q2. For wages and salaries, comprising roughly 70% of the total index, we expect a steady 0.7% q-o-q gain after a 0.5% increase in Q2." "Altogether, the Q3 ECI reading should confirm the recent uptick in wage pressures evident in the monthly BLS employment report average hourly earnings (AHE) series." 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.
