
US payroll employment growth likely perked up
Oct 01, 2015 05:12 am UTC| Commentary
The government statisticians are likely to report that payroll employment growth reaccelerated in September. 225,000 net new jobs probably were created during the reference period, after the below-consensus 173,000 workers...
U.S. average hourly earnings to rise modestly
Oct 01, 2015 05:08 am UTC| Commentary
The remaining portions of the U.S. BLS establishment survey are expected to be lackluster. Wellworn calendar quirks associated with the early termination of this months canvassing period - it ended on September 12 -...
Brazil's low-growth environment and cash-flow concerns corporates
Oct 01, 2015 05:01 am UTC| Commentary
Rise in Brazils debt service requirements is not the real concern at this point of time. External debt to Brazils corporate is still among the lowest in the EM world. FX reserves remain at a healthy level that would...
U.S. labor-market slack probably eroded further in September
Oct 01, 2015 04:59 am UTC| Commentary
The BLS household survey of U.S. is expected to echo the positive tone of the nonfarm payroll report. Assuming that the recent relationship between the establishment and household employment measures held steady during the...
Mexico's oil prices to set pace of implementation
Oct 01, 2015 04:47 am UTC| Commentary
Mexicos National Hydrocarbons Commission implemented the second phase of Round One of the energy reform today. The results are very positive as the success rate was 60% (we expected 2 out of 5) while auctions of two areas...
US nonfarm payroll growth likely to be 200k
Oct 01, 2015 04:39 am UTC| Commentary
The ADP employment report for September showed private payroll growth of 200k on the month, slightly above consensus expectations and broadly in line with recent trends. The ADP estimate of August employment growth was...
JPY depreciation required to exit deflation
Oct 01, 2015 04:29 am UTC| Commentary
Former BoJ Governor Masaru Hayami once quipped that "no one ever devalued to prosperity." But Japan choosen devaluation (technically depreciation) under Abenomics. Two popular views are that JPY depreciation was necessary...