Analysts at Nomura expect a solid 205k gain in US nonfarm payroll employment in May. Key Quotes “Labor market fundamentals have remained firm since April and we see some upside risk given the unusual weather patterns so far in 2018. We forecast average hourly earnings (AHE) to increase 0.2% m-o-m with only a small downward bias from calendar effects.” “Finally, we expect the unemployment rate to remain unchanged at 3.9%. While the May employment report is likely to be strong, a potential slowdown in global growth could disproportionately affect US payroll growth as much of the recent surge has been concentrated in industries particularly sensitive to external growth.” 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 GBP/USD climbs to fresh session tops ahead of NFP FX Street 5 years Analysts at Nomura expect a solid 205k gain in US nonfarm payroll employment in May. Key Quotes "Labor market fundamentals have remained firm since April and we see some upside risk given the unusual weather patterns so far in 2018. We forecast average hourly earnings (AHE) to increase 0.2% m-o-m with only a small downward bias from calendar effects." "Finally, we expect the unemployment rate to remain unchanged at 3.9%. While the May employment report is likely to be strong, a potential slowdown in global growth could disproportionately affect US payroll growth as much of the recent surge has been… 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.
