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US: Headline Non-Farm Payrolls seen at +185k in December – Goldman Sachs

Analysts at the US investment banking giant Goldman Sachs offer a sneak peek at what to expect from Friday’s US labor market report due to be published at 1330 GMT.

Key Quotes:

“See employment fundamentals in the US as 'solid' and cite retail jobs growth due to 2019's late Thanksgiving along with a rebound in the Midwest following the winter storms.

Estimate the NFP headline at +185k.

See the unemployment rate at 3.5%.

Average Hourly Earnings to arrive at +0.2% m/m and +3.0% y/y.”

Bundesbank’s Buch: ECB must keep monetary policy easy for inflation to pick up

The European Central Bank (ECB) must stick to its easy monetary policy if inflation in the Eurozone needs to be boosted, the German central bank, Bund
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EUR/USD Technical Analysis: Sidelined near 1.11 after Doji

EUR/USD is lacking a clear directional bias in Asia. The pair is currently trading in a sideways manner around 1.11, having charted a Doji candle on T
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