US Jobs Report Coming up: It felt like the market didn’t want to commit in either direction on Thursday, perhaps wanting to take some time to hold up and reflect ahead of today’s US jobs report.
Jobs Report data
What Economists Are Saying Before the November U.S. Jobs Report
“Strong growth earlier this year should ensure the economy creates jobs at a robust pace into year-end,” economists wrote in a note. “The composition of job gains will provide clues on which sectors will drive hiring in 2019. As the Fed continues to tighten policy, the housing and auto sectors will likely get hit by rising interest rates.”
Dollar in Check as Investors Await August Jobs Report – Gold Silver Report
“The dollar has just surrendered some gains, broadly speaking, after its outperformance, ahead of critical jobs data tomorrow,” said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington.