EU test key resistance

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

Bình luận:

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.
www.destatis.de/EN/P...10/PE17_355_421.html