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🟥April US Nonfarm Payrolls expected at +65K, according to bank economist estimates.
• Unemployment rate seen steady at 4.3%
• Average hourly earnings forecast: +0.3% m/m, 3.8% y/y
Top bank forecasts for NFP:
• Kalshi: 74K
• Citi: -15K
• Barclays: 0K
• SocGen: +40K
• Santander: +45K
• Deutsche Bank: +50K
• JPMorgan AM: +64K
• BNP Paribas: +65K
• Goldman Sachs: +75K
• BofA: +80K
• HSBC: +100K
• UBS: +100K
Forecasts range from -15K to +100K, underscoring uncertainty around the US labor market and Fed expectations.