RBS November 2015 NFP Survey is key - RBS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    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)."
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