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US: Non-farm payrolls likely rose by 190,000 in October – Danske Bank

In the US, we get the job reports for October and is going to be the key economic release for the day, according to analysts at Danske Bank.

Key Quotes

“We estimate non-farm payrolls rose by 190,000 - tightening the labour market and putting upward pressure on wage growth, thus we expect average hourly earnings rose +0.25% m/m, bringing this year's annual growth to 3.2%.”

 

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