Breaking: Non-Farm Payrolls beat with 312K, USD jumps
-- more coming
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The US was expected to report an increase of 177,000 jobs in December after a disappointing rise of 155K in November (before revisions). The ADP NFP report for the private sector showed a jump of 271,00 positions, lifting expectations for the official Non-Farm Payrolls report. Wages were projected to rise of 0.3% MoM after 0.2% in November, and 3.1% YoY after 3.1% in November.
Fed Chair Jerome Powell speaks at 15:15 GMT alongside his predecessors Janet Yellen and Ben Bernanke.