KBC Flash
September payrolls to be a non−event??
Thu, Oct 5 2006, 13:49 GMT
by KBC Market Research Desk
KBC Bank
• Payrolls growth has
shifted to a slower pace of about 120 000 in recent months …..
• ….while monthly
volatility has decreased sharply….
• ….convincing forecasters
that more of the same is likely in September….
• …This complacency might
lead to a sharp market reaction in case of a surprise
Published on
Thu, Oct 5 2006, 13:49 GMT
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