1049 days ago • Posted by Jasper Lawler
Non farm payrolls (NFP) Preview - Bank forecasts + ING Roundup
10x Bank forecasts
Capital Economics - 500,000
ING - 500,000
RBC - 500,000
TDS - +500,000
CIBC - 575,000
CitiBank 760,000
Deutsche Bank - +800,000
Wells Fargo +800,000
Westpac - 800,000
NBF - 900,000
Roundup
Today's US NFP data will be a key determinant of the market mood for June. A sub consensus figure will allow investors to search out recovery stories as they did in May. A stronger-than-consensus figure squarely puts the focus on the FOMC meeting on 16 June, probably sending the dollar higher against the high beta commodity bloc - ING Bank
Source: FX Street