US NFP amongst market drivers today

Latest NFP News today.

The Danske Bank analysts point out that today of jobs report in the United States of America and they expect non-farm payrolls to have grown by 100,000 in September, below Bloomberg consensus of 140,000.

Key Notes:

"While the non-farm figure tends to be volatile, the employment indices in the Market PMI and the ISM reports do not look encouraging (and actually signal that jobs growth was even lower than our expectation of 100,000).


A weak jobs report will likely add fuel to the repricing of the FED seen this week.

Today also provides the opportunity to listen to Fed comments from Rosengren, Botstic and Powell, who are scheduled to speak. Powell is the only making opening marks at a "Fed Listen" event though, so we would not get our hopes up too high that he will give out new monetary-policy signals.

CMRFOREX analysts expects a bullish run today.