The analysis team at Deutsche Bank suggests that the market consensus is for a 200k reading of NFP following that softer-than-expected 134k last month. Key Quotes “Our US economists expect a 185k print, but believe that risks are to the downside due to the hurricane disruptions. Our colleagues expect the unemployment rate to remain steady at 3.7% (with risks it rounds down to 3.6%) while they expect average hourly earnings to rise +0.2% mom and to a new post-crisis high of 3.1% yoy – the highest since early 2009. This represents a jump of almost 40bps from the September reading which is largely due to base effects from October 2017, when earnings plunged after Hurricane Harvey, Irma and Maria boosted September 2017’s print.” 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 EUR/GBP could drop to 0.8300 in case of Brexit deal – Danske Bank FX Street 4 years The analysis team at Deutsche Bank suggests that the market consensus is for a 200k reading of NFP following that softer-than-expected 134k last month. Key Quotes "Our US economists expect a 185k print, but believe that risks are to the downside due to the hurricane disruptions. Our colleagues expect the unemployment rate to remain steady at 3.7% (with risks it rounds down to 3.6%) while they expect average hourly earnings to rise +0.2% mom and to a new post-crisis high of 3.1% yoy - the highest since early 2009. This represents a jump of almost 40bps from the September reading… 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.
