Big data day … and a big data week … Countdown to US nonfarm payroll data

Here is an early preview of Friday’s US Nonfarm payroll report from Barclays
– August employment report
– Due at 1230GMT on Friday, September 4

"Initial
jobless claims were up 22k in the August reference week from the same
period last month, though we view this increase as a reflection of the
anomalously low July reading; the monthly average of initial claims
looks to be little changed in August. Continuing jobless claims were
flat between the July and August survey weeks. Together, stable jobless
claims lead us to look for a near-trend pace of payroll growth of 225k
in August," Barclays projects.

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