f******t
发帖数: 19544 | 1 Thu, Jun 4 2015, 11:44 GMT
by Valeria Bednarik | FXStreet
The market disappointment over a rate hike was fueled by overall weak
economic figures, particularly after the first quarter GDP revision showed
that the economic growth shrunk by 0.7% in the first three months of the
year. The uptick in inflation was therefore not enough, as it won't be
enough a good Nonfarm Payroll number for May, if it comes within
expectations, something quite probable considering the ADP survey showed
that the private sector added 201K new jobs in the month.
The economy could have added up to 240K new jobs, but any support to the
greenback with that figure, will most likely be temporal. At this point,
investors' confidence will only return with a couple of up beating Nonfarm
Payroll reports in a row, and a steady or decreasing unemployment rate to
say the least. That means that at least in July, or even August, should the
numbers result above expected, investors will believe again the growth in
employment is enough to buy the dollar on hopes it will resume its bullish
run.
Full article:
http://www.fxstreet.com/analysis/us-nfp-forecast/2015/06/04/ |
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