Morning Juice – US Session Prep
Good Morning Traders.
It is Friday the 1st of November. here is what to look out for today.
Sentiment
US equity futures ticked higher ahead of Friday’s key jobs report as traders digested mixed earnings reports from technology heavyweights. E-commerce giant Amazon rallied in premarket trading after estimate-beating results. Shares of iPhone maker Apple, however, declined following a tepid forecast for the December quarter as its devices struggled to gain traction in China. Treasuries are narrowly mixed with the yield curve slightly flatter ahead of October jobs data.
Docket
08:30 ET
US Employment Data
Nonfarm Payrolls
Median Forecast: 101K | Prior: 254K | Range: 180K / -10K
Unemployment Rate
Median Forecast: 4.1% | Prior: 4.1% | Range: 4.3% / 4%
Average Earnings YoY
Median Forecast: 4% | Prior: 4% | Range: 4.3% / 3.9%
Average Earnings MoM
Median Forecast: 0.3% | Prior: 0.4% | Range: 0.6% / 0.2%
Average Workweek Hours
Median Forecast: 34.2 | Prior: 34.2 | Range: 34.4 / 33.9
Private Payrolls
Median Forecast: 70K | Prior: 223K | Range: 143K / 13K
09:45 ET
US S&P Manufacturing PMI Final
Median Forecast: 47.8 | Prior: 47.8 | Range: 48 / 47.5
10:00 ET
US ISM Manufacturing PMI
Median Forecast: 47.6 | Prior: 47.2 | Range: 49.1 / 46
US ISM Manufacturing Prices Paid
Median Forecast: 49.3 | Prior: 48.3 | Range: 52 / 47.2