Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
However, without doubt, the U.S. non-farm payrolls data at 1330 BST will be the standout release of the day.
US seen adding more jobs (1330 BST)
Employment likely rose again in September, with financial market economists forecasting an increase of 500,000 jobs, nearly doubling August's 235,000 gain. The latest MNI Reality Check again shows strong demand for labour from firms across the spectrum, but again being hampered from hiring by the depth of workforce.
Analysts say school re-openings were likely the primary driver of job growth in September, masking weakness in service-sector employment.
The unemployment rate should fall to 5.1% from 5.2% in August, according to medians.
Amongst policymakers slated to speak Friday are Bank of England MPC member Silvana Tenreyro and ECB Executive Board member Fabio Panetta.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.