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8 Jan 2015
US NFP: Expecting another bumper report - ANZ
FXStreet (Bali) - According to ANZ, risks to Friday's US NFP forecast are skewed to the upside given the strength in short-term labour market indicators.
Key Quotes
"It is all about US nonfarm payrolls tonight AU time, and we are expecting another bumper report, with payrolls expected to have increased 270k (mkt: +240k) in December and the unemployment rate to have dropped 0.1ppts to 5.7%."
"While we have an above consensus call we think the risks to our forecast are skewed to the upside given the strength in short-term labour market indicators such as jobless claims and the ISM employment indices."
Key Quotes
"It is all about US nonfarm payrolls tonight AU time, and we are expecting another bumper report, with payrolls expected to have increased 270k (mkt: +240k) in December and the unemployment rate to have dropped 0.1ppts to 5.7%."
"While we have an above consensus call we think the risks to our forecast are skewed to the upside given the strength in short-term labour market indicators such as jobless claims and the ISM employment indices."