Non-farm
payrolls report Feb 06 2015
Asian shares edged
higher on Friday and oil prices continued to rebound, however the
investors remained cautious ahead
of the U.S. Nonfarm payrolls report for January due today later.
And If the report is
negative it may hurt the U.S Dollar.
·
The
Non-farm payrolls is expected to add 230,000 lower than the previous reading (252,000)
·
While
the Unemployment rate is expected to
remain 5.6%
In December report, the
unemployment rate unexpectedly slow down to 5.6% from 5.8%, which is the lowest
level since June 2008.
On the other hand, the market
focuses turn to the developments concerning the Greece
issue on the European Union, which is expected to affect the prices.
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