Back
5 May 2015
Nonfarm's are the highlight this week - Scotiabank
FXStreet (Guatemala) - Camilla Sutton, chief currency strategist at Scotiabank explained that the highlight will be Nonfarm payrolls, consensus is looking for a 225k print.
Key Quotes:
"However after March’s 126k disappointment expectations for the Fed’s interest rate hiking cycle will be particularly sensitive to Friday’s release."
"Also important from the U.S. will be the trade balance (as it will feed directly into Q1 GDP estimates) as well as the higher frequency PMIs and Fed speeches."
"Internationally, the U.K. election, the RBA and Norges Bank meetings as well as China’s inflation and trade data will prove important for markets."
Key Quotes:
"However after March’s 126k disappointment expectations for the Fed’s interest rate hiking cycle will be particularly sensitive to Friday’s release."
"Also important from the U.S. will be the trade balance (as it will feed directly into Q1 GDP estimates) as well as the higher frequency PMIs and Fed speeches."
"Internationally, the U.K. election, the RBA and Norges Bank meetings as well as China’s inflation and trade data will prove important for markets."