Preview: Markets focus on tonight’s U.S. July unemployment rate and nonfarm data; a look at institutional forecasts
On August 7, the U.S. July unemployment rate and nonfarm data will be released at 20:30 Beijing time tonight. Institutional forecasts for U.S. July nonfarm payrolls are as follows: Vanguard: +10,000; Berenberg Bank: +40,000; Scotiabank: +50,000; Moody’s Analytics: +50,000; CAA (Canadian Imperial?) Bank: +63,000; Deutsche Bank: +65,000; Nordea SE: +65,000; UBS Group: +70,000; TD Securities: +70,000; Danske Bank: +70,000; Morgan Stanley: +70,000; HSBC Holdings: +70,000; BNP Paribas: +75,000; ING: +75,000; Bank of Montreal: +75,000; Goldman Sachs Group: +75,000; JPMorgan Chase: +75,000; Daiwa Capital: +75,000; Westpac Bank: +75,000; Standard Chartered Bank: +75,000; Pansten Macro: +75,000; U.S. Bancorp: +75,000; Commercial Bank of the Empire: +75,000; High Frequency Economics: +78,000; Sumitomo Mitsui: +78,000; Oxford Economics: +80,000; Commonwealth Bank of Australia: +80,000; Bank of America Merrill Lynch: +80,000; ANZ Bank: +80,000; Lloyds Bank: +80,000; National Westminster Bank: +85,000; Capital Economics: +90,000; Wells Fargo Bank: +95,000; Barclays Bank: +100,000; Deutsche Bank? (Bank) : +100,000; Société Générale: +105,000; Citigroup: +115,000; Mizuho Securities: +115,000; Nomura Securities: +130,000; Reuters forecast: +80,000.
On August 7, the U.S. July unemployment rate and nonfarm data will be released at 20:30 Beijing time tonight. Institutional forecasts for U.S. July nonfarm payrolls are as follows: Vanguard: +10,000; Berenberg Bank: +40,000; Scotiabank: +50,000; Moody’s Analytics: +50,000; CAA (Canadian Imperial?) Bank: +63,000; Deutsche Bank: +65,000; Nordea SE: +65,000; UBS Group: +70,000; TD Securities: +70,000; Danske Bank: +70,000; Morgan Stanley: +70,000; HSBC Holdings: +70,000; BNP Paribas: +75,000; ING: +75,000; Bank of Montreal: +75,000; Goldman Sachs Group: +75,000; JPMorgan Chase: +75,000; Daiwa Capital: +75,000; Westpac Bank: +75,000; Standard Chartered Bank: +75,000; Pansten Macro: +75,000; U.S. Bancorp: +75,000; Commercial Bank of the Empire: +75,000; High Frequency Economics: +78,000; Sumitomo Mitsui: +78,000; Oxford Economics: +80,000; Commonwealth Bank of Australia: +80,000; Bank of America Merrill Lynch: +80,000; ANZ Bank: +80,000; Lloyds Bank: +80,000; National Westminster Bank: +85,000; Capital Economics: +90,000; Wells Fargo Bank: +95,000; Barclays Bank: +100,000; Deutsche Bank? (Bank) : +100,000; Société Générale: +105,000; Citigroup: +115,000; Mizuho Securities: +115,000; Nomura Securities: +130,000; Reuters forecast: +80,000.