Market Foсus

On Friday, 08.12.2017, attention should be focused on data on the number of employed in non-agricultural sectors and the unemployment rate in the US.

• The indicator of employment is an estimation of the total number of wage workers passing on payroll of enterprises in the country. The indicator shows the change in the level of employment in the country.
• The unemployment rate determines the percentage of the total workforce that is unemployed and is actively seeking work in the US. The growth of the value indicates weakness in the US labor market, and its decline is positive.

According to the forecast, the change in the number of employees in October will be 200 thousand, which is lower than the previous value of 261 thousand. The unemployment rate remains at 4.1%. The release of data within the forecast can put some pressure on the US dollar, but do not expect a significant decrease, as the figure at 200 thousand is quite high, and it will positively affect the decision of the Fed to raise the interest rate.

Alexander Sivtsov