EU test key resistance
Updated
Highlights of the US non-farm payrolls report for September 2017
Prior was +156K
Estimates ranged from -45K to +153K
Private payrolls -40K vs +75K expected
Unemployment rate 4.2% vs 4.4% expected
Participation rate 63.1% vs 62.9% prior
Wages data:
Average hourly earnings +0.5% vs +0.3% expected
Prior average hourly earnings +0.1%
Average hourly earnings +2.9% vs +2.6% expected
Average weekly hours 34.4 vs 34.4 expected
Hurricane Irma hit during the survey week.
Lowest unemployment rate since 2001
Fed’s Kaplan: Seeing Tightening In Labour Markets
-Expects Some Building Of Wage Pressure
Fed’s Kaplan: Sees Some Structural Headwinds
-Companies Have ‘Much Less’ Pricing Power
Fed’s Kaplan: Should Be Patient On Rate Move
-Still Behind 2% Inflation Target
Prior was +156K
Estimates ranged from -45K to +153K
Private payrolls -40K vs +75K expected
Unemployment rate 4.2% vs 4.4% expected
Participation rate 63.1% vs 62.9% prior
Wages data:
Average hourly earnings +0.5% vs +0.3% expected
Prior average hourly earnings +0.1%
Average hourly earnings +2.9% vs +2.6% expected
Average weekly hours 34.4 vs 34.4 expected
Hurricane Irma hit during the survey week.
Lowest unemployment rate since 2001
Fed’s Kaplan: Seeing Tightening In Labour Markets
-Expects Some Building Of Wage Pressure
Fed’s Kaplan: Sees Some Structural Headwinds
-Companies Have ‘Much Less’ Pricing Power
Fed’s Kaplan: Should Be Patient On Rate Move
-Still Behind 2% Inflation Target
Note
The greenback had slipped on a bounce by the euro, following data showing German industrial output notched its biggest monthly increase in more than six years in August.destatis.de/EN/PressServices/Press/pr/2017/10/PE17_355_421.html
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.