- Home
- >
- Daily Accents
- >
- NON-FARM PAYROLLS – KEY DATA FOR FED
NON-FARM PAYROLLS - KEY DATA FOR FED
Rating:
Loading...If the data come out better than expected, FED can continue with the rhetoric for tightening of current monetary policy. These are the most important data from the economy and carry most weight for decisions in regards to the rates.
After the better numbers from ADR yesterday, it is widely expected that today's numbers will be around 180,000 for August 2016 analysts say. The unemployment rate is expected around 4.8%, and Average earnings to increase with about 0.2% month to month.
The chief economic adviser of Allianz says that he expects chances of 60% that FED will increase the rates this month and if the data is better this will increase the chances even to 80%. These are higher expectations than what the market expectations are around 36%. The difference between the US and German 2-year bond yields could show, as the difference between them is 140 points. Other analysts are with the opinion that the data will disappoint the market and they point to the futures of the EUR/USD and their fall as soon as FED started to mention the tightening of the monetary policy.
Varchev Traders If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
