Analysts at Nomura are looking for US job growth to slow to 175k in July, slightly below the market consensus for 192k but well above the breakeven pace. Key Quotes “Wages should reinforce the downbeat tone with a 0.2% m/m increase in average hourly earnings, which would leave wage growth unchanged at 2.7% y/y (market: 0.3% m/m, 2.7% y/y) One bright spot should be the unemployment rate, which we expect to slip to 3.9%, in line with the market consensus.” “ISM Non-Manufacturing for July will be released shortly afterward and the market looks for a slight decline to 58.6.” 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 AUD/USD: No imminent range break in sight – Westpac FX Street 5 years Analysts at Nomura are looking for US job growth to slow to 175k in July, slightly below the market consensus for 192k but well above the breakeven pace. Key Quotes "Wages should reinforce the downbeat tone with a 0.2% m/m increase in average hourly earnings, which would leave wage growth unchanged at 2.7% y/y (market: 0.3% m/m, 2.7% y/y) One bright spot should be the unemployment rate, which we expect to slip to 3.9%, in line with the market consensus." "ISM Non-Manufacturing for July will be released shortly afterward and the market looks for a slight decline to 58.6." 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.
