US: Payrolls likely to rebound to 190k for December - TDS

Analysts at TD Securities suggest that in the context of pessimistic market sentiment, they are expecting the US payrolls to rebound to 190k for December to be interpreted as slightly hawkish.

Key Quotes

“Surveys published so far suggest payrolls likely remained firm, which should keep the unemployment rate unchanged at 3.7%. We also anticipate wages to rise 0.3% m/m, bringing the annual print slightly down to 3.0%.”