No fear despite payrolls being near: US non-farm payrolls for December will be released at 12.30am tomorrow morning

David Scutt

Scutt Partners

No fear despite payrolls being near: US non-farm payrolls for December will be released at 12.30am tomorrow morning. Markets are looking for net job creation of 240k, down from 321k in November, with the unemployment rate expected to dip to 5.7% from 5.8%. Elsewhere average hourly earnings are expected to grow 0.2%, half the rate of November, with the average work week tipped to remain steady at 34.6 hours. As ever, keep an eye out for revisions, they're often more influential that the current numbers themselves. (VIEW LINK)


David Scutt
Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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