Analysts at TD Securities are expecting the US payrolls to trend modestly lower to 145k in August (mkt 160k), following the 164k print in the previous month. Key Quotes “The strong increase in services-sector employment in the August ADP report raises the odds of an upside surprise. We also note that the start of temporary census hiring for canvassing purposes could further boost the headline number.” “All in, the household survey should show the unemployment rate remained steady at 3.7%, while we expect wages to rise 0.2% m/m, dragging the annual print lower to 3.0% in August.” “Separately, we don’t anticipate Fed Chair Powell to deviate much from the Jackson Hole script on his Friday discussion about the economy at 12:30 ET. Powell is likely to repeat that the economy remains in a good place, and that the Fed stands prepared to act as appropriate to sustain the expansion under a context where global uncertainties have increased.” 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 UK: Rebel alliance to vote against or abstain election motion on Monday FX Street 4 years Analysts at TD Securities are expecting the US payrolls to trend modestly lower to 145k in August (mkt 160k), following the 164k print in the previous month. Key Quotes "The strong increase in services-sector employment in the August ADP report raises the odds of an upside surprise. We also note that the start of temporary census hiring for canvassing purposes could further boost the headline number." "All in, the household survey should show the unemployment rate remained steady at 3.7%, while we expect wages to rise 0.2% m/m, dragging the annual print lower to 3.0% in August." "Separately, we don't… 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.
