Upside risks to US employment data – KBC Bank

FXStreet (Barcelona) - The KBC Bank Research Team sees slight upside risks to US Nonfarm payrolls data.

Key Quotes

“Today, the US payrolls are the highlight. A net job creation of 220 000 is expected. Investors will also keep a close eye at the wage growth data. We see slight risks on the upside. Investors will also keep a close eye at the wage growth data, which might be stronger too. Such a scenario should be positive for the dollar.”

European session quiet ahead of US NFP, NOK biggest mover – TDS

Paul Fage, Senior Emerging Markets Strategist at TD Securities, summarizes the financial market performance during the European trading session, noting that the price action remains quiet ahead of the US nonfarm payrolls report.
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US treasury yields tick higher ahead of the payrolls report

The yields on the short duration and long duration yields in the US inched moderately higher ahead of the monthly labor department report in the US, which could show sustained strength in the labor market.
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