Preview: October non-farm payrolls by the numbers ...Middle East

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Preview: October non-farm payrolls by the numbers
source : forex live ( Middle East ) () 18
The bond market and US dollar backed off in a big way ahead Friday's 8:30 am ET release of non-farm payrolls but that could unwind in a big way on a strong report. Let's have a look at the numbers.Consensus estimate +180K (range +125 to +285K)Private +158KSeptember +336KUnemployment rate consensus estimate: 3.8% vs 3.8% priorParticipation rate consensus 62.8% priorPrior underemployment U6 prior 7.0%Avg hourly earnings y/y exp +4.0% y/y vs +4.2% priorAvg hourly earnings m/m exp +0.3% vs +0.2% priorAvg weekly hours exp 34.4 vs 34.4 priorOctober jobs so far:ADP report +113K vs +150K expected and +89K priorISM services employment not yet released (it's out 90 mins after NFP)ISM manufacturing emp

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