2 Jul 2015
US NFP expected at 233K – UOB
FXStreet (Barcelona) - Analysts at UOB Group preview the US labour market data release, forecasting the nonfarm payrolls to print a 233K result.
Key Quotes
“Aside from monitoring any developments with respect to Greece, Thursday brings the major data event of the week in the form of the June US employment report, released this month at the same time as weekly initial claims data due to Friday’s US holiday.”
“Consensus is looking for a headline gain of 233k for payrolls, down from 280k in May but still a healthy number.”
“Private payrolls are seen at 225k, unemployment back down to 5.4% from 5.5% and average hourly earnings up an in line with trend 0.2%. The work week expected to remain at 34.5 hours. May factory orders reports are also released today.”
Key Quotes
“Aside from monitoring any developments with respect to Greece, Thursday brings the major data event of the week in the form of the June US employment report, released this month at the same time as weekly initial claims data due to Friday’s US holiday.”
“Consensus is looking for a headline gain of 233k for payrolls, down from 280k in May but still a healthy number.”
“Private payrolls are seen at 225k, unemployment back down to 5.4% from 5.5% and average hourly earnings up an in line with trend 0.2%. The work week expected to remain at 34.5 hours. May factory orders reports are also released today.”