28 Jul 2014
US NFP expected to grow 250K in July - Deutsche Bank
FXStreet (Łódź) - Jim Reid from Deutsche Bank predicts that the US jobs numbers for July, due out on Friday, will show an increase of 250K.
Key quotes
“DB expect a +250k gain on both headline and private nonfarm payrolls which should encourage a one-tenth decline in the unemployment rate to 6.0%.”
“The street is expecting +231k, +228k and 6.1% respectively.”
“Our economists highlight the average hourly earnings part of the report as one to watch for clues to when the Fed become more hawkish.”
Key quotes
“DB expect a +250k gain on both headline and private nonfarm payrolls which should encourage a one-tenth decline in the unemployment rate to 6.0%.”
“The street is expecting +231k, +228k and 6.1% respectively.”
“Our economists highlight the average hourly earnings part of the report as one to watch for clues to when the Fed become more hawkish.”