NFP release
Posted on 2021-11-05 08:48:56 by Uni_B
❗️The US Bureau of Labor Statistics will release the September jobs report today! As we get closer to the release time, here are the forecasts by 10 major banks regarding the upcoming employment data.
❗️Investors expect Nonfarm Payrolls to rise by 425,000 in October following the crash to 194,000 in September.
🔹Westpac 500K NFP, unemployment rate 4,7%
🔹ING 450 NFP
🔹RBC Economics 480K NFP, unemployment rate 4.9%
🔹Danske Bank 450K NFP
🔹Deutsche Bank 400K NFP, unemployment rate %4,7
🔹SocGen 520K NFP, unemployment rate 4,8%
🔹TDS 550K NFP
🔹NBF 350K NFP, unemployment rate to 4.7%.
🔹CIBC 485K NFP, unemployment rate 4.7%
🔹Citibank 410K NFP, unemployment Rate 4.6%
In conclusion: The 10 major banks forecast the strongest growth in three months
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