Kjetil Olsen, Research Analyst at Nordea Markets, explains that the US labour market continues to strengthen and job gains at 250k stronger than expected. Key Quotes “Job gains rebounded after a low reading in September due to effects of Hurricane Florence. The September number was revised down from 134k to 118k, average of the last three months is 218k, in line with trend in 2018.” “Wage growth is key and rose 0.2% m/m, corresponding to 3.1 y/y. Momentum is even stronger. The annual hourly earnings figures therefore confirm the clear upward trend in the employment cost index.” “Unemployment was unchanged at 3.7 %, the lowest level since 1969. Broad unemployment (U6) was down from 7.5 % to 7.4 %.” 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 Canada: Employment data losing momentum – TDS FX Street 4 years Kjetil Olsen, Research Analyst at Nordea Markets, explains that the US labour market continues to strengthen and job gains at 250k stronger than expected. Key Quotes "Job gains rebounded after a low reading in September due to effects of Hurricane Florence. The September number was revised down from 134k to 118k, average of the last three months is 218k, in line with trend in 2018." "Wage growth is key and rose 0.2% m/m, corresponding to 3.1 y/y. Momentum is even stronger. The annual hourly earnings figures therefore confirm the clear upward trend in the employment cost index." "Unemployment was unchanged… 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.
