20 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



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

#Forex #Macro
Non famr payrolls (NFP) Preview - Bank forecasts