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4 May 2015
US Payrolls seen above 200K in April – BBH
FXStreet (Edinburgh) - In the view of analysts at BBH, next Friday’s US Non farm Payrolls should recover the +200K threshold.
Key Quotes
“The Bloomberg consensus calls for a 225k increase in non-farm payrolls after a disappointing 126k increase in March”.
“An increase of more than 260k, which is the 6- and 12-month average, would ease concerns”.
“The consensus expects the unemployment rate to tick down to 5.4% from 5.5%”.
“Average hourly earnings are expected to have risen by 0.2%, which would lift the year-over-year rate to 2.3%, the strongest since August 2013”.
Key Quotes
“The Bloomberg consensus calls for a 225k increase in non-farm payrolls after a disappointing 126k increase in March”.
“An increase of more than 260k, which is the 6- and 12-month average, would ease concerns”.
“The consensus expects the unemployment rate to tick down to 5.4% from 5.5%”.
“Average hourly earnings are expected to have risen by 0.2%, which would lift the year-over-year rate to 2.3%, the strongest since August 2013”.