HALISTER1: U.S. ECO PREVIEW: Employment and Trade Reports Due in 5 Minutes

U.S. ECO PREVIEW: Employment and Trade Reports Due in 5 Minutes

(Bloomberg) -- Non-farm payrolls seen at +195k in Feb. vs +151k in Jan. (forecast range +70k to +245k)
  • Unemployment rate seen unchanged at 4.9% (forecast range 4.8% to 5%)
  • Average hourly earnings est. to rise 0.2% m/m in Feb. after advancing 0.5% in Jan. (forecast range 0% to +0.4%)
    • Trade deficit in goods and services seen at -$44b in Jan. vs -$43.36b in Dec. (forecast range -$39.1b to - $45.3b)
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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