Free Trial
USDCAD TECHS

Northbound

US TSYS

FI Support Evaporates Amid Late Month End Selling

AUDUSD TECHS

Remains Vulnerable

CANADA

Late Risk Off Sees USDCAD Eye Cycle Highs

US TSY OPTIONS

BLOCK, Late Puts

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Dealer estimate recap ahead Nov.....>

US DATA PREVIEW
US DATA PREVIEW: Dealer estimate recap ahead Nov NFP, first "clean" read in 3
months:
- CS analysts expect "2nd strong month" of "payrolls growth" as "recovery from
Hurricanes Harvey and Irma likely continued into Nov;" feel "hurricane recovery
added around 125K jobs in Oct and anticipate a smaller 20-40K boost to November
employment growth. Smoothing out the weather-related noise, our forecast is
consistent with trend job gains around 160K. The unemployment rate is likely to
tick down slightly to 4.0%. Average hourly earnings disappointed in October, and
we expect a reading of just 0.1% MoM growth in Nov. This would lift the YoY
reading slightly to 2.5%."
- Amherst Pierpont: 210K expected, 200K priv payrolls, 4.1% jobless rate.
- Goldman Sachs: 225K NFP, 220K private payrolls, 4.1% jobless rate.
- RBC: 175K NFP, 170K private payrolls, 4.0% unemp rate, 0.2% AHE Gain.
- SocGen: 165K NFP, 4.1% jobless rate, 0.3% AHE.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.