NFP Preview: US jobs machine seen gearing down

The US jobs report for January arrives today amid increased uncertainty about the global economy and its vulnerability to the Chinese slowdown as well as widespread market scepticism about the pace of US interest rate hikes going forward. The consensus expectation is for an increase of 190000 nonfarm jobs though our forecast is slightly more bullish at 224000. The red-hot US jobs market is likely to slow in 2016 after booming in the fourth quarter of 2015.

from Mads Koefoed - Authored content https://www.tradingfloor.com/posts/nfp-preview-us-jobs-machine-seen-gearing-down-7036997?utm_medium=tf4-feed&utm_source=extract