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Credit Suisse said the economic.....>

US DATA PREVIEW
US DATA PREVIEW: Credit Suisse said the economic data highlights for next week
are the "July Employment Report" out Friday "and the ISM manufacturing index"
out Tuesday.
- "We expect payrolls growth to maintain its strong trend in July, with headline
job gains coming in at 210K," they said. "Leading indicators for the labor
market have been broadly positive in recent months. We expect the unemployment
rate to drop to 4.3% after ticking up slightly in June. We expect wage growth
can rise somewhat in the months ahead and forecast a small pickup to 0.3% MoM in
July's report. However, due to a strong base effect, this solid monthly reading
would actually cause the YoY average hourly earnings growth to slip to 2.4%."

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