Monday 1 July 2013

Goldman: "We Think That Payrolls Will Likely Disappoint"

From Goldman Sachs:

"Our forecasts for the US dataset to be released this week will likely be mixed for rates... we think that payrolls will likely disappoint market expectations."

As a reminder, consensus expectations are for a 165K print, declining from May's 175K, while Jan Hatzius now expects 150K.

best regards,
oscarjp

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