Locked and loaded for a 15th straight beat on non-farm payrolls
<p>It's non-farm Friday and this edition comes with the Canadian jobs report as well.</p><p>If the US data beats estimates, it will be the 15th consecutive beat, which is an insane run. The consensus is 225K, from 339K a month ago. The market has surely priced in something stronger than that after yesterday's <a href="https://www.forexlive.com/news/us-june-adp-employment-497k-vs-228k-expected-20230706/" target="_blank" rel="follow">beat on ADP employment</a>.</p><p>For Canada, the consensus is +20K with 5.3% unemployment and that should be more of an FX market mover, given the uncertainty around the BOC decision next week.</p><p>Here's a <a href="https://www.forexlive.com/news/by-the-numbers-june-non-farm-payrolls-preview-15-in-a-row-20230706/" target="_blank" rel="follow">preview of the non-farm payrolls report</a>.</p>
This article was written by Adam Button at www.forexlive.com.
Leave a Comment