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26 Jun 2015
US payrolls coming up next week - TDS
FXStreet (Guatemala) - Analysts at D Securities noted the key US Payrolls coming up next week on Thursday 2nd July.
Key Quotes:
"We look for fairly uneventful US data next week as we look for a 233k gain in payrolls in June, in line with consensus."
"We would also expect wages growth to moderate in line with expectations, though think the unemployment rate itself could disappoint and remain at 5.5% rather than fall to 5.4% as expected, but that would reflect the strength of a rise in the participation rate."
"We would look for some slight upside to the ISM Manufacturing index the day before which could raise expectations slightly."
Key Quotes:
"We look for fairly uneventful US data next week as we look for a 233k gain in payrolls in June, in line with consensus."
"We would also expect wages growth to moderate in line with expectations, though think the unemployment rate itself could disappoint and remain at 5.5% rather than fall to 5.4% as expected, but that would reflect the strength of a rise in the participation rate."
"We would look for some slight upside to the ISM Manufacturing index the day before which could raise expectations slightly."