A snippet from the non farm payroll preview from JPM:
- continuing claims have generally been trending lower in both regular state programs and across additional benefits adopted during the pandemic
- We continue to look for nonfarm payroll growth of 900K
- with the unemployment rate dropping to 5.6%
Earlier:
- TD is expecting a further fall for gold following the NFP report
- US nonfarm payroll (NFP) report for July - what to expect
- Goldman Sachs NFP preview