Express
German Bank: Tonight's Non-Farm Payrolls Data May Reveal Political Influence on Statistical Work
Summary: According to sources, Deutsche Bank's foreign exchange and commodities research director Thu Lan Nguyen pointed out that tonight's release of non-farm payrolls data will reveal whether the dismissal of 'department heads responsible for statistical work' has affected data collection. Experts warn that the annual benchmark revision data to be released on September 9 may lead ...
According to sources, Deutsche Bank's foreign exchange and commodities research director Thu Lan Nguyen pointed out that tonight's release of non-farm payrolls data will reveal whether the dismissal of 'department heads responsible for statistical work' has affected data collection. Experts warn that the annual benchmark revision data to be released on September 9 may lead to a significant downward revision of employment data, indicating a potentially weaker actual employment situation, posing a major obstacle to the US dollar. Caution is advised even if the report unexpectedly shows strength.
Tags:
Link: German Bank: Tonight's Non-Farm Payrolls Data May Reveal Political Influence on Statistical Work [Copy]
