Institutions Forecast U.S. October Unemployment Rate Ahead of Release

According to ChainCatcher citing Reuters, the U.S. October unemployment rate is due tonight at 9:30 PM (UTC+8). BNP Paribas, Capital Economics, Danske Bank, High Frequency Economics, Barclays, JPMorgan, Nomura and UBS forecast 4.1%. ABN AMRO, Morgan Stanley, ANZ, Bank of Montreal, Berenberg, Bank of America Merrill Lynch, Jefferies, Citi, Commerzbank, Daiwa Capital Markets, Goldman Sachs, Commonwealth Bank of Australia, HSBC, ING, Sumitomo Mitsui, Deutsche Bank, National Bank of Canada, Pantheon Macroeconomics, Standard Chartered, Stifel, Sparta Capital, Allied Irish Banks, TD Securities, Wells Fargo and Reuters expect 4.2%. Mizuho Securities and Westpac forecast 4.3%.