The US employment report for January will capture markets attention on Friday at 3:30 pm (GMT +2), although its impact may be diminished because of Federal Reserve's decision to keep monetary policy stable and to be " patient "before further tightening.
Economists expect the NFP to increase by 166,000 per month and the unemployment rate to remain stable at - 3.9%.
However, most of the focus is likely to be on wage growth, with average hourly earnings rising to 0.3%, slightly decreasing compared to the previous month. However, the annual growth forecast is that it will remain stable at 3.2%.
Here is what investors forecast:
NatWest Markets:
NFP-135000, Unemployment Rate 3.9%, annual wage growth 3%
ING Group:
NFP - 140000, Unemployment Rate 3.8%, annual wage growth 3.2%
Wells Fargo:
NFP - 155,000, unemployment rate 3.8%, annual wage growth 3.1%
S & P Global:
NFP - 180000, Unemployment rate 4%, annual wage growth 3.2%
Bloomberg Economics:
NFP - 185,000, Unemployment Rate 3.8%, annual wage growth 3.2%
Citigroup:
NFP - 210000, Unemployment Rate 3.8%, annual wage growth 3.1%
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.