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US DATA PREVIEW
US DATA PREVIEW: Traders now awaited Fri 8:30am ET US Nov nonfarm payroll
employment; follows less than expected 190K Nov. ADP private payrolls. The MNI
econ poll has 200K NFP median estimate; and also an updated 194K NFP private
payrolls, and 4.1% jobless rate, 0.3% Avg Hrly Earnings, 34.4 average workweek. 
- 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.

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