Analysts at Nomura note that the US nonfarm payroll employment increased 223k in May, slightly above their and market expectations (Nomura: +205k, Consensus: +190k). Key Quotes “Average hourly earnings surprised to the upside, increasing 0.30% m-o-m (Nomura: 0.22%, Consensus: 0.2%), raising the 12- month rate to 2.71%, from 2.56% in April. The unemployment rate fell further in May, from a high rounded 3.9% (3.929%) to a low rounded 3.8% (3.75%), below expectations (Nomura and Consensus: 3.9%).” “The labor force participation rate declined 0.1pp to 62.7%, marking the fourth straight monthly decline. Overall, today’s report indicates that economic activity in Q2 remains elevated and labor markets continued to tighten.” 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 US-China: Just a joint statement – Danske Bank FX Street 5 years Analysts at Nomura note that the US nonfarm payroll employment increased 223k in May, slightly above their and market expectations (Nomura: +205k, Consensus: +190k). Key Quotes "Average hourly earnings surprised to the upside, increasing 0.30% m-o-m (Nomura: 0.22%, Consensus: 0.2%), raising the 12- month rate to 2.71%, from 2.56% in April. The unemployment rate fell further in May, from a high rounded 3.9% (3.929%) to a low rounded 3.8% (3.75%), below expectations (Nomura and Consensus: 3.9%)." "The labor force participation rate declined 0.1pp to 62.7%, marking the fourth straight monthly decline. Overall, today's report indicates that economic activity in Q2… 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.
