5 Dec 2014
NFP: Preview
FXStreet (Mumbai) - The crucial US employment due to be released shortly, is expected to show a substantial increase in November payrolls which will take US labour market towards the highest increase in 15 years.
With upbeat numbers coming out on US jobs front, the monthly non-farm payrolls report still remains one of the important factor influencing Federal Reserve policy going forward.
Any disappointment in the payrolls print in terms of falling below markets expectations will raise probabilities of a delay in interest rate hike expectations.
The Department of Labor in Washington will release the November non-farm payrolls report later today.
As per forecasts, the US may add 230,000 new jobs to its economy in November as compared a figure of 214,000 in October, with the unemployment rate at 5.8%.
With upbeat numbers coming out on US jobs front, the monthly non-farm payrolls report still remains one of the important factor influencing Federal Reserve policy going forward.
Any disappointment in the payrolls print in terms of falling below markets expectations will raise probabilities of a delay in interest rate hike expectations.
The Department of Labor in Washington will release the November non-farm payrolls report later today.
As per forecasts, the US may add 230,000 new jobs to its economy in November as compared a figure of 214,000 in October, with the unemployment rate at 5.8%.