Traders await the Friday 8:30am.....>

US DATA PREVIEW: Traders await the Friday 8:30am ET August US nonfarm payroll

employment. The MNI economist poll has median estimates of 180K for Aug jobs,

182K Aug. NFP private payrolls, 4.3% jobless rate. Here are other bank views:

- JPM Daniel Silver: Kept 200K NFP estimate after ADP; "most labor mkt

indicators continue to look upbeat; JPM sees 4.3% jobless, 2.5% AHE yr/yr. 

- Credit Suisse: +200K jobs gain, +190K private NFP gain, 4.3% jobless. 

-Amherst Pierpt Stephen Stanley: +170K Aug jobs,160K priv, 4.3% jobless. 

- Mizuho Steven Ricchiuto: expects +175K Aug NFP, 4.4% jobless rate. 

- HSBC: +180K Aug. jobs gain, 4.3% jobless rate, 0.1% avg hrly earnings. 

- Citi tech strategists see scope for Aug NFP to print in 142k-146k area. In

last 20 yrs, "initial Aug. print has been over 200k only once: in 1998, when the

August reading was 365k" but "that was obviously an aberration as it was

preceded by a +66k and followed by a +69k number," they say. 

-BMO Ian Lyngen:ADP underestimates growth: ADP +237K implies "impressive +261K"

Aug NFP