5 Nov 2015
RBS November 2015 NFP Survey is key - RBS
FXStreet (Guatemala) - Analysts at RBS explained how key this week's Nonfarm Payrolls is going to be.
Key Quotes:
"One of the most important release in a long time as the Fed reiterated its data dependency while putting the December meeting on the table. A strong print would tip the scale in favour of the first Fed hike in years.
Hourly earnings will be reported with NFP and will be a gauge on how the Fed is performing on their inflation mandate. However it often observed that wages inflation is a poor lead indicator of CPI."
"RBS US Desk strategy expects an above consensus gain of 205k jobs (against +182k consensus)."
Key Quotes:
"One of the most important release in a long time as the Fed reiterated its data dependency while putting the December meeting on the table. A strong print would tip the scale in favour of the first Fed hike in years.
Hourly earnings will be reported with NFP and will be a gauge on how the Fed is performing on their inflation mandate. However it often observed that wages inflation is a poor lead indicator of CPI."
"RBS US Desk strategy expects an above consensus gain of 205k jobs (against +182k consensus)."