Nonfafr Payrolls preview - BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 31, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - As 2015 comes to a close, analysts at Brown Brothers Harriman explained that Many financial centers in Asia and Europe are on holiday today, and those that are open, are experiencing a minimum of activity. "Conditions will remain thin and only those who need to transact will."

    Key Quotes:

    "Next Friday, January 8, the US reports the monthly jobs data. The early call is for a 200k increase in nonfarm payrolls, though due to favorable base effect, the average hourly earnings are expected to jump to 2.8% year-over-year, which would be the largest increase in six and a half years. It will likely sharpen expectations for the second Fed hike in March."
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