RBS November 2015 NFP Survey is key – RBS

By FXStreet FXStreet (Guatemala) – Analysts at RBS explained how key this week’s Nonfarm Payrolls is going to be.

Key Quotes:

“One of the most important release in a long time as the Fed reiterated its data dependency while putting the December meeting on the table. A strong print would tip the scale in favour of the first Fed hike in years.

Hourly earnings will be reported with NFP and will be a gauge on how the Fed is performing on their inflation mandate. However it often observed that wages inflation is a poor lead indicator of CPI.”

“RBS US Desk strategy expects an above consensus gain of 205k jobs (against +182k consensus).”
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Source:: FX Street