Free Trial
US STOCKS

Late Equity Roundup: Mildly Lower on Week

USDCAD TECHS

Remains Above The 50-Day EMA

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

Deutsche Bank economists Brett......>

US DATA PREVIEW
US DATA PREVIEW: Deutsche Bank economists Brett Ryan and Matthew Luzzetti expect
at Fri 8:30 am ET Sept. nonfarm payroll employment "only a 50k gain on headline
nonfarm payrolls (+50k private)" but still "this may be enough to keep the
unemployment rate steady at 4.4%."
- They add "weather workers series" in "Household survey should provide a
reasonable sense of the magnitude of the hurricane-related disruptions to the
payroll data."
- They cited "considerable uncertainty around our payroll forecast and Wed ADP
survey (+50k forecast vs. +237k previously) may provide further clues." But it's
"also important to remember" in 2005, "it took a couple of months for payrolls
to recover" as "initially-reported Oct.2005 payroll gain was just 56k
(subsequently revised up to 84k) and it wasn't until November 2005 that payrolls
finally bounced - the initially reported figure was 215k (subsequently revised
up to 341k). This is something to keep in mind given that Hurricane Harvey was
followed by 2 other major storms (Irma and Maria) that impacted large swaths of
the Gulf Coast as well as some parts of the Eastern Seaboard."

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.