HALISTER1: U.S. ECO PREVIEW: Employment, Trade Report Due in 5 Minutes

U.S. ECO PREVIEW: Employment, Trade Report Due in 5 Minutes

(Bloomberg) -- Non-farm payrolls seen at +160k in May vs +160k in April (forecast range +90k to +215k); April gain was smallest in 7 mos.; NFP tracks private, public sectors.
  • Unemployment rate seen at 4.9% last month vs 5% prior month (forecast range 4.9% to 5.1%); tracks number of unemployed as percentage of labor force
  • Average hourly earnings est. at +0.2% m/m in May vs +0.3% in April (forecast range +0.1% to +0.4%)
  • Separately, trade balance in goods and services seen at - $41b in April vs -$40.4b in March (forecast range -$39b to - $44.5b)
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here

UUID: 7947283