【Preview】Tonight’s data: Why is crypto worth watching?
The U.S. Bureau of Labor Statistics is scheduled to release preliminary third-quarter productivity and cost figures at 9:30 p.m. Beijing time tonight. I’ll be watching unit labor costs, as they can help indicate whether wage growth is translating into cost pressures for businesses. The preliminary figures may be revised, so I’ll look at the data as a whole first, then see whether interest rate expectations have changed.
Source: U.S. Bureau of Labor Statistics.
The U.S. Bureau of Labor Statistics is scheduled to release preliminary third-quarter productivity and cost figures at 9:30 p.m. Beijing time tonight. I’ll be watching unit labor costs, as they can help indicate whether wage growth is translating into cost pressures for businesses. The preliminary figures may be revised, so I’ll look at the data as a whole first, then see whether interest rate expectations have changed.
Source: U.S. Bureau of Labor Statistics.