Overview of Institutional Forecasts for US July Unemployment Rate

U.S. July unemployment rate and non-farm payrolls data will be released at 20:30 Beijing time tonight. Below are institutional forecasts for the U.S. July unemployment rate: National Bank of Canada: +4.1% Deutsche Bank: +4.2% Mizuho Securities: +4.2% HSBC Holdings: +4.2% Royal Bank of Canada: +4.2% Danske Bank: +4.2% BNP Paribas: +4.2% Wells Fargo: +4.2% Berenberg Bank: +4.2% Commonwealth Bank of Australia: +4.2% Oxford Economics: +4.2% Pantheon Macroeconomics: +4.2% Skandinaviska Enskilda Banken (SEB): +4.2% Société Générale: +4.2% Moody's Analytics: +4.2% Nomura Securities: +4.2% Bank of Montreal: +4.2% Barclays: +4.2% TD Securities: +4.2% High Frequency Economics: +4.2% Sumitomo Mitsui Banking Corporation: +4.3% Morgan Stanley: +4.3% JPMorgan Chase: +4.3% Vanguard: +4.3% Daiwa Capital Markets: +4.3% Lloyds Bank: +4.3% Scotiabank: +4.3% Standard Chartered: +4.3% Westpac Banking Corporation: +4.3% ING Group: +4.3% Capital Economics: +4.3% Citigroup: +4.3% NatWest Group: +4.3% Commerzbank: +4.3% Goldman Sachs: +4.3% UBS Group: +4.3% Canadian Imperial Bank of Commerce: +4.3% Bank of America Merrill Lynch: +4.3% U.S. Bancorp: +4.3% Reuters' expectation: 4.2%